U.S. stocks fell, capping the worst Thanksgiving-week drop since 1932 in the Standard & Poor’s 500 Index, as S&P cut Belgium’s rating and a report said Greece is demanding private investors accept larger losses on their debt.I hope we don't see economic news in 2012 which is similar in nature to 1933, but I can't say I'm optimistic that we won't.
No comments:
Post a Comment