“Black Monday?”

While it is clear we are in an extraordinary economic environment, with regard to the stock market, the media is reporting non-stop that the decline of the Dow Jones Industrial Average today suffered it’s “largest drop in history.” This is only true in terms of the point decline, of 777 points to 10,365, or about [...]

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Reuters: Unexpectedly, Las Vegas hit by downturn

LAS VEGAS (Reuters) – Sue Garrett, in Las Vegas for a birthday party earlier this month, went to what she considers extraordinary lengths to hold down the cost of her trip. “We decided to sit through one of those blasted timeshare presentations to get a free hotel room,” said Garrett, who lives in Los Angeles. [...]

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