Not trying to scare anyone, but retail stocks took a beating this morning, falling more than 4.6% within the first half hour of trading as economic concerns and the global credit crisis persisted despite the Treasury Department’s new authority to spend up to $700 billion to bail out banks.
The Standard & Poor’s Retail Index fell 15.14 points to 316.69 by 10:20 a.m., as the Dow Jones Industrial Average tumbled below the 10,000 mark, falling 5.3 percent, or 545 points, to 9,780.35, after just more than an hour of activity.
The day's not over yet! So I'm just going to be an optimist and say the market still has time to correct itself.
"Miracles happen every day. Not just in remote country villages or at holy sites halfway across the globe, but here in our own lives."---Deepak Chopora
Lovin Life, Truth Is
Monday, October 6, 2008
Retail Stocks Took A Beating!
Favorites Of The Day
The color attracted me of course. Then I found out that they were made pretty good too!
Truly, I have been searching for a mod winter coat. Believe me I am searching high and low. This coat is by Costume National. But it is listed as a Full Length Jacket.
"
To me every hour of the day and night is an unspeakably perfect miracle."---Walter ChryslerLovin Life, Truth Is
Lanvin
Dresses, beautiful dresses at that. I don't even have to tell you that the Lanvin Spring 2009 Collection had me when I saw the first dress. But, then again, by now...you know to show me some nice skirts & dresses and I'm content. (nice is a understatement) For the Spring 2009 Collection it looks as if Lanvin kept it simple, elegant and sophisticated. I love the in-your-face orange dress that's gathered together on the left shoulder. That green dress, mmmhhh! Lanvin Spring 2009, Enjoy!
Spring 2009
You can see the entire collection at Style.com
"If only we'd stop trying to be happy we could have a pretty good time."---Edith Warton
Lovin Life, Truth Is
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