Friday, August 12, 2011

Oximeter Provided for Wall Street

The United States government has been playing chicken with its economy for the past eight months. Politicians from both sides of the party have been threatening not to raise the debt ceiling if their interests or goals were not met. This cat and mouse chase lasted all the way to the last minute of the deadline, when both parties magically came to agreement with a deal. As the government was playing its games, Wall Street was trying to stay afloat with the wave of good and bad news. Investors saw the market as very unstable, which resulted in millions of shares being sold off at discounted prices. Even when the deal was done, the market did not jump up like some economists forecasted. Some experts stated that the damage was done, because the United States government showed uncertainty to the market. The challenges to the economy both from the United States government and from the European Union, has added a great deal of stress to jobs on Wall Street. The suicide rate has peaked over the past few years, while various stress related diseases have also spiked. Various employers on Wall Street want to attack the problem head on, and for that reason they have started to hand out medical devices for employees to help monitor their health.

One such device handed out is the oximeter. An oximeter, also known as a pulse oximeter, is a medical device used to measure the blood oxygen saturation and pulse rate of an individual. These vital signs are strong signals of various heart and respiratory related diseases. Many investment banks have handed out an oximeter to their stock brokers and even secretaries to monitor their vital signs. A recent witness even reported seeing many stock brokers with an oximeter around their neck via a lanyard. The concern of their health being affected by the stress is a very real concern to many individuals, and that is why they are happy to accept any device to help them monitor their own health.

The challenges seen on Wall Street today are almost identical to the ones seen during the great depression, when no news was good news. Unfortunately with today's media outlets, news travels at light speed and some media outlets want to scare their viewers to keep them tuned in. All of this adds to the stress on Wall Street. An oximeter will not solve the problems on Wall Street, but it might save a few lives.

About the Author

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