Looking for bailout for the countries of Spain and Portugal. Then, comes Italy which is so big for economic rescue.
August 2nd, Congress barely passed its measure to avoid debt default
Then on Friday August 5th, S&P downgraded U.S. to AA rating, Dow Jones plummeted to 530 points.
Monday, August 8th, again Dow Jones nose dived to 634 points.
What's next?I am helplessly watching this trend since 60 percent of our retirement savings are diversified in stocks.
