This has been a hard week for Wall Street. The Dow has fallen by more than 440 points today alone, the government rescued AIG, the nation?s largest insurer, and some fear Washington Mutual could be the next big bank to fail.
In addition to Wall Street?s ups and downs, housing prices are dropping in Oregon, our unemployment numbers are going up, and a 45-cent increase in the minimum wage is expected next year. But how do all these numbers connect, specifically in the Pacific Northwest?
How is the recent economic upheaval impacting you? Have you changed anything about the way you invest or save money? What questions and concerns do you have when you look at the big financial picture?
- Craig Brenton: Senior vice president at D.A. Davidson & Co.
- Gerry Mildner: Director of the Center for Real Estate at Portland State University
- Bill Virgin: Seattle Post-Intelligencer business reporter and columnist
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OPB | Feb. 22, 2017