I’m not very good at keeping up with market fluctuations in general, but Bernanke cutting the Fed Funds Rate by 0.75% got my attention. I’ll be honest – I was totally distracted this weekend by other things, and I barely noticed the drop in stock prices over the last week. The S&P 500 is down nearly 3% right now from Friday. The new headline for CNN is “Recession Watch 2008″. What did I miss?
By Jonathan Ping | Investing | 1/22/08, 8:15am