Volatile: (adjective)
* tending to fluctuate sharply and regularly
* a mesaure of instability
The oil market is one small reflection of the situation in which the American (and now possibly, global) economy finds itself. Oil prices soar and the deflate dramatically, in a change of plot line that could rival a soap opera. The Dow Jones drops, jumps, than drops more. "Volatility's here, and it's here to stay," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Re-search.
According to an article from the associate press, "Economists are not optimistic about data this week on new home sales, durable goods orders, third-quarter gross domestic product, personal spending and income, and consumer confidence. All these reports are anticipated to show continued weakness."
I'm considering a semi-related series that deals with the lack of trust, if not fear, people have regarding today's economy, government, and financial systems.
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