This episode of Millionaire or Bust is our short midweek episode. This is where I take a few minutes to catch you up on the week so far in financial news. First, I had to announce that Barack Obama was elected President of the United States on Tuesday.
Then I had to get into how the economy reacted this week in general and how the election may or may not have affected it.
I covered the DOW and other indexes dropping, increased layoffs, a drop in oil prices, an increase in dollar vs the euro, the worst monthly auto sales in 25 years and a drop in gasoline prices. I also explained what it means for you to have the dollar gaining strength against the Euro.
Before wrapping up the show, I announced that there will be no midweek update episode next week, just the main Monday episode. After this week, the midweek update will occur on weeks when the news appears to warrant it. I’m, hoping for a little more stability and less need for constant updates on the economy.
I’m also looking for some feedback on what would make Millionaire or Bust more useful and/or interesting to you. Please contact us and give us feedback so that you can help us shape the show. Thanks everyone in advance. Until next time, I wish you all increased fortunes!