Wild Market Is No Threat to Your Spending

The television wasn’t working when I walked into the waiting room of the cardiology office earlier this week. Minutes later, when it was fixed and showing minute-by-minute stock-market action, the collective pulse and blood pressure of the room picked up dramatically.

Seated to my left was George, who by Tuesday morning — after watching the Dow Jones Industrial Average decline by more than 1,100 points during the two previous trading days — was telling his wife that they needed to change fall travel plans to save money.

To my right was Ilene, who told her son that “a few more days of this and I will have to start cutting back.”

Seriously?

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