Stocks fall to five-year low

Carleton Bryant The Washington Times - November 20, 2008, 06:50AM

The Dow Jones Industrial average hit a five-year low yesterday when it closed below 8,000, Patrice Hill is reporting.

On top of that, economists are worried that deflation — the rapid loss of value — is occurring.

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First they were worried about inflation, then stagflation and now deflation. Do you sometimes get the feeling that these guys don’t know what they’re worrying about?

About the Author

Carleton Bryant

Carleton Bryant is a senior editor at The Washington Times, where he oversees the National and Metropolitan desks. He also serves as the newsroom’s internship coordinator. He has served as an assistant managing editor; a National, Metropolitan and Features desk editor; an assistant National desk editor; and a reporter on the National and Metro desks.

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Stocks fall to five-year low

About the Author

Carleton Bryant

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