BBC: Markets rattled by bank worries
Markets worldwide recorded heavy losses in reaction to the emergency bailout of US investment bank Bear Stearns over the weekend.I like to follow a few different stocks, stocks that represent different aspects of the economy, from Microsoft to Google to biofuels to cars to military contractors and such. Its more information on the state of the world and the USA, information of a particular nature.
Google went to a new low on March 17th at $412.11 per share
Google's high value over the last 52 weeks was $747.24 per share on November 7, 2007.
Precision Cast Parts, which makes hardware for the weapons industry among other things, came close to its yearly low on March 17th closing at $95.83 per share.
Precision's high value over the last 52 weeks was $160.73 per share on October 5, 2007.
And least we not forget, Bear Stearns ended March 17, 2008 valued at $4.81 per share.
Bear's high value over the last 52 weeks was $159.36 per share on April 25, 2007.
Not all stocks have lost that much value. Some are stable.
Inflation Update
CNN: $5.20 per gallon gas in California
OK, that is for full service.
3 comments:
FOOL SERVICE !!
Well, its one way to stop pollution.
Make gas so expensive people have to stop driving so much.
That 5.20 is right around the corner and then some. You know as well as I.
I just got a job that is 38 miles away. I 'll be selling my old car by fall and I'll be buying a hybrid. We all have to start making our way to a new kind of economy , one that is less hydrocarbon based then the one we've built in the last 150 yrs. Its going to take decades but we have to start now or else. America's addiction to oil/coal,nat. gas is taking us down.
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