Monday, May 23, 2011

European Debt Crisis Effects Wall Street

Apparently the link doesnt want to work so here is the URL to the link I was trying to post before. You'll just have to copy and paste it.

http://www.msnbc.msn.com/id/43074531/ns/business-eye_on_the_economy/

Interesting article about how the European debt crisis is affecting wall street.
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5 comments:

  1. Michelle MMay 23, 2011 at 7:24 PM

    Link doesn't work... please fix! :)

    ReplyDelete
  2. BethMay 23, 2011 at 7:26 PM

    While you wait to fix, I will express my disappointment that I'm separated from Laura in class yet again. ...

    ReplyDelete
  3. JaredCohenMay 23, 2011 at 9:16 PM

    I am disappointed I can't be on either of your teams B or L lol

    ReplyDelete
  4. EMeisheMay 24, 2011 at 8:57 AM

    I can see how European debt might effect confidence in the U.S stock market but I think many of these type of articles contain what I would call recursive reasoning. They look at what is happening and then look for what sounds like a reasonable explanation. And they do this on a day to day basis. If the Market spiked over the next two weeks you can bet this same author will write another article about some kind of good news and crooning about investor confidence and enthusiasm.

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  5. Laura KochMay 24, 2011 at 12:30 PM

    The author notes that confidence is at the core in the economy: "Widespread optimism has been shoved aside by a host of concerns..."

    But if confidence in Europe wavers, the web of countries and banks may fall

    ReplyDelete

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