Consumer confidence is at the lowest level in five years
The markets started down today. Consumer confidence is at the lowest level in five years. The home forclosure rate has increaqsed one hundred and twelve percent and home prices are down almost thirteen percent. The Fed meeting is coming up soon. President Bush yelled at Congress over the economy. The Dow Jones Industrial Average was down 26 points with 3 hours left in trading for the day. The Nasdaq was down 6.9 points with three hours of trading left.
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