Open Phones: The Economy

Monday, September 15, 2008

Lehman Brothers makes headlines, but what's the trickle down effect? How is the economy affecting your day-to-day life? Are you changing your buying habits? Or how you save money? John Authers, investment editor at the Financial Times, fields listeners' questions and explains some of the basic financial forces at play.


John Authers
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Comments [2]

Sarah from Collinsville, CT

What should one do with a 401k that is losing value - liquidate to invest in home or leave in?

Sep. 15 2008 11:51 AM
AWM from UWS

What a shame..

In the first half of 2008, the world’s stock markets collectively declined 11.8% in terms of index gain in US dollars. However, African stock exchanges (excluding South Africa) gained 11.0%.

But no one knows this for essentially the same reason many voters can't bring themselves to vote for Obama. Too "exotic", too "risky"

Sep. 15 2008 11:50 AM

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