Friday, April 10, 2009

Good Friday

Wall Street is closed today, and that's a good thing. The stock market ended the week on an uptick, fueling speculation that the we've seen the worst of the global economic downturn. For now, I'm taking a wait-and-see attitude. Long-term, stocks are still in a valley and even the experts can't determine whether it's a pothole or a crater. Global economist and "Dead Aid" author Dambisa Moyo told me she has a book coming out next year about the crisis, which could be resolved by then--- or not. The US economy is fragile. One catastrophe away from shattering--- two, maybe three from collapse. Situations can quickly change. On Sunday crowds partied as they welcomed Jesus to Jerusalem. By Friday they had nailed him to a cross.

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This message is from a Virgin Mobile customer. Enjoy.

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