Due to continued economic worry, stocks have fallen recently to a 12 year low of 7,114, while crude oil fell to $38.44. European markets fell as well. Watch the video of the report below:
Bernanke was reported as acknowledging the fact that the future of the market is uncertain, according to this MSN article. Rising oil prices and all the problems surrounding the financial sector are among the leading factors leading to the markets unpredictability as of late.
Jim Cramer, in a video on TheStreet.com talks about what he believes might be holding up the XM-Sirius Merger. He talks about how if the merger was held up for a few more months when car companies start to introduce the new model year cars, there will be another year of cars without a [...]