Thursday, 2 October 2008

Senate Passed the Bill

U.S. Senate just passed the $700 billion bill. All eyes are now on House, which will probably vote on Friday.
Australian index oscillates around 4800 since opening. Will probably remain so until the end of the week.
Poll on CNN Money shows 62% of voters not supporting the bill while 38% supports it. If this is how House will vote on Friday, the near future is not very bright for investors.

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