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The Real Reason Microsoft Retired Money
It’s sheer silliness to argue that Microsoft retired Money because of Intuit competition. The real cause is already giving Intuit’s Quicken trouble, too.
Posts Tagged ‘finance’
Dow’s Fall From Grace, Yesterday and Today
It has been 513 calendar days since the stock market peaked on Oct. 9, 2007. Since then, the S.&P. 500 is down 56 percent and the Dow is off 53 percent. On Jan. 29, 1931—the identical number of days after the 1929 market peak—the S.&P. 500 was down 49 percent and the Dow was down 56 percent. The 1929 crash got off to a much faster start, but we have now more or less caught up.
Floyd Norris, The New York Times
Do you have a story of the econolypse that you’d like told? Please e-mail Joe Wilcox: joe at oddlytogether dot com.
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