down down down

Whoa, its been a depressing week with the worldwide financial markets heading south. Just imagine, for the week alone, investors lost about $2.4 trillion. Read here.
Someone was commenting, what is the 700 billion bail out as compared to these losses in trillions?

On a closer note, my funds have also been diving drastically. This week alone, the value has dropped another 10% as compared to last week. Total paper loss is 50% in total as compared to when the funds were invested last year.

Recession has also been declared in Singapore. Singapore is the first Asian country to enter recession. This is a first that we can do without! But, in times like this, I think we should have seen recession coming...

However, here is an article that makes recession doesn't sound so gloomy.