Dow Jones reached 6-year low, stock market crisis continues

Today Dow Jones Industrial Average closed at 7,552.29 points. It is around the lowest level in more than 10 years, which was achieved 6 years ago in 2002 (it was around 7,500 points). In 2002 we had a beginning of the 5-year bull market. The top was reached in 2007 at around 14,000 points. It [...]

G20 meeting today

Today in Washington there is going to be a meeting of so called “G20″ group. These are 19 largest world economies and the European Union. The heads of states are going to discuss on the financial crisis. Well, this is a good example of what politicians tend to do when a crisis appears. They say there [...]