Showing posts with label Wilshire 5000. Show all posts
Showing posts with label Wilshire 5000. Show all posts

Monday, January 21, 2008

We've just had a crash

... and Robert McHugh figures that the US stock market (as measured by the Wilshire 5000 Index) has already lost $2.6 trillion in the last three months.

He's begging for inflation now, rather than a useless stimulant later when the mule has died.