So much for my bargain hunting. The market is up this week, not down.
News from the housing market is good, too. The inventories of unsold homes are shrinking, which could mean that the housing mess is beginning to resolve itself. I was kinda hoping it'd stay down for another year at least, give me time to put together a bigger down payment before buying.
And did y'all hear about the fiasco at Societe General? Some crackpot employee cost a French bank $7,000,000,000 by making fake securities transactions. Some are saying this is what's behind the European markets falling so much this week.
Interesting times, no?