One of my favorite movies is Albert Brooks' "Lost in America." There's a scene midway in the film when he wakes up in a Las Vegas hotel room only to find that his wife (played by Julie Hagerty) is downstairs in the casino losing all of their nest egg. Wearing his bathrobe, Brooks heads down to … Continue reading Down!
Tag: Stock Market
The “Rice For The Children” Defense
The stock market is tanking. If I understand it correctly, the initial reason stems from China having devalued its currency. For most of the day yesterday, it looked as if there might be a "correction to the correction." Or more aptly put from all I've read about the Chinese economy, "a correction to the corruption." Alas, a recovery was not meant … Continue reading The “Rice For The Children” Defense
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