From its October 2007 record, it has fallen about 42 percent, but from the recent bear market low of November 20 it has gained approximately 21 percent, thanks in part to huge planned government spending for early next year.
We are still going to be in a bad situation. But Obamas plan will help. It is putting confidence back into our economy keeping the money in the system.
This will be the first annual loss in six years.
Hopefully the effectiveness of the bailout is not questioned.
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