1. An Analysis Of The 2001 Recession
... resumed trading after a four-day close due to the September 11th 2001 terrorist attacks, the stocks were sharply lower in the first hour of trading. This delicate state of the stock market added to the erosion of consumer confidence and therefore hurt consumer spending. Consumer spending, however, fuels two-thirds of the United States economy. Boosting consumer confidence therefore is ... worst terrorist attacks ever against the United States.""(Feds Cut Rates Again) This half a percentage point tax cut, being the eighth for the year, was announced an hour before the U.S. stock market re...
- Word Count: 2630
- Approx Pages: 11
- Has Bibliography