What do the U.S. toxic asset bailout and Reboubt volcano in Alaska have in common? Both are headline news today and the consequences of each of these historic events will be remembered in history forever… Financial impact and resulting consequences of either/both may be incalculable. Pictures of Redoubt eruptions (pics) Toxic assets (news)
Today it appears the global and international market place is in favor of actions taken by the U.S. fed, as markets around the world are up substantially. Whether this bail out will have a lasting effect and restore corporate and investor confidence in the long term is questionable.
March 23, 2009
Doug T……mutualfundwealth.com
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Monday, March 23rd, 2009 at 7:35 am
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