futures contracts

Tomorrow's Day On Wall Street - Gloomy

Posted 1/21/08 at 12:37pm by jamie

With the news of global markets sinking today, expect our stock market to go down when it re-opens from the holiday tomorrow:

If futures contracts traded on a day when U.S. stocks weren't even due to open are anything near accurate, then markets will be in for a major decline on Tuesday, with concerns about bond insurers and the health of financial institutions dragging markets lower.

Also Bob has pointed out something interesting - why aren't the pundits talking about this being the second Bush to lead us into recession?

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