Tuesday, February 24, 2009

Stocks Fall

It has been a few days since my last post but I am still watching the headlines. Things have been moving south economically, praise God that he looks after His sheep and that we have no need to worry. I just saw that Target profit dropped 41%, Office Depot shows a 1.5$ billion loss, and Macy's reports a 59% drop in 4Q profit. Home prices have also posted a record decline at 18.2%. Also stocks are now back to the same level as in 1997. I don't remember if I mentioned this on my last post but Netanyahu was appointed to be the next prime minister of Israel. Please be praying for him as he now has to form a government.


Headlines


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