Slashdot Mirror
US Has Been In Recession Since December 2007
The National Bureau of Economic Research said Monday that the US has been in a recession since December 2007. The NBER is a private, nonprofit research organization of academic economists who determine business cycles. The stock market took a dip on the news that reached double-digit percentages for some tech stocks.
(half my retirement funds are now gone)
Incorrect. You haven't actually lost anything until you decide to sell at the lower value. The market will come back, it always does. You just have to remember that investing is for the long haul ("day traders" are responsible for all the major flux in the markets, and at all times. they should be put to the wall).