Wednesday, October 14, 2009
10,000
Did you hear that cheer? I think I may have heard it all the way down here in Georgia--the Dow briefly went above 10,000 today, the first time in a year and up greatly since hitting a 12-month low of 6547.05 in March 9th. Will it close that high today? Who knows, but it's a huge psychological boost and futher proof that we are slowing coming out of this recession. HOWEVER, we still have the double bogey of unemployment and the potential for inflation.
Speaking of boosting the economy, take a second to contact your representatives in Congress to recommend that they extend the $8,000 tax credit for first-time homebuyers AND it would help if you pushed them to open that tax credit up for ALL homebuyers! That would truly boost the economy and remember that this mess started with housing and housing can bring us back!
Use this link to find your representative!
Subscribe to:
Post Comments (Atom)
1 comment:
UPDATE: the Dow closed at 10,015.86! Celebrate! :)
Post a Comment