The Dow closed around 8500 yesterday. For those of you who aren't as obsessive about finance as myself, this is NOT GOOD. Actually, its REALLY REALLY BAD. It really pains me that something I love some much, finance (pronounced fih-nance), has gone from the top of the world to crumbling right in front of me in the matter of 6 months. I know that things weren't looking great a year ago when I was sitting in International Finance with my very most favorite professor as we watched the dollar plummet day after day, but who knew it would get this bad? My fellow finance-lovers and I would sit around talking about the markets and how we'd be making tons of money in the not so distant future, and being general assholes as was to be expected. But then it became harder for us to get jobs as the year went on. Some who actually had job offers on Wall St. had those offers taken away from them before they even got the chance to move to New York. I graduated without an offer, but didn't think much about landing one by the end of summer. September came and went, and here I am still without a job that 2 years ago I could've eaily gotten. Sigh. Lehman Brothers failed, AIG failed, Fannie and Freddie failed, and then even Wachovia...no one saw this coming. I definitely picked the worst time in history to graduate with a degree in finance--a field that in 2004, the beginning of my time as Wake, everyone thought was the smartest pick I could've made. I'd have a job before I graduated and would never be unemployed! If only that were still true. In the end, I wouldn't change anything. I love my field--it never ceases to amaze me and fascinate me in new ways, and the market will turn around again eventually. Its just sad to see something I enjoy so much and something seemingly unbreakable be reduced to nothing.
Here's Radar's wrapup of all the major paper's financial headlines today. Priceless.
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Finally Friday--my second to last one at my office! Today i'll leave around lunch time as usual, go to the bookstore, finish reading Chasing Harry Winston, buy a couple gifts for Julie and K then most likely go home and laze around until my sleepover with Sara tonight. Pretty great Friday. This weekend I have 2 birthday events to attend, and its the Parade of Homes time--when I get to go and tour around all the gorgeous new $1M+ homes in the area and pretend like I could live there:) Maybe this year i'll actually take in a few condos too--something slightly more realistic but much less exciting.
Deacs won last night! Go Wake!