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Stock Market Closing Report - 9/22/17 September 22, 2017

Saturday, September 27, 2008

Bailout Plan: Congress Making Progress on Saturday 9/26

Today Congress appears to be making progress on the bailout/rescue plan for the financial markets. Hopefully we have a deal by tomorrow night 6pm EST when the Asian Markets open for trading.

http://biz.yahoo.com/ap/080927/financial_meltdown.html

If a bailout plan isn't agreed upon by that time....we could be looking at a serious down day on Monday. I think we have a few days grace period to get this done, as long as we don't hear the deal has stalled or looks unlikely.

When we get a deal, I think we will have a nice rally....but then people will focus back on the economy again. It's a vicious circle of pessimism!

Stay Tuned!


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