Posts Tagged ‘Stock Market’

Why the Dow Dropped 250 Points, or, the Only “Boom” is from the Economy Imploding

Saturday, October 31st, 2009

Not even the NYT can avoid reporting that on the last trading day in October, the Dow Jones dropped like it was pole-axed, completely erasing yesterday’s 2% gain, while other financial indexes posted a monthly loss for the first time in 7 months. Consumers still seem skittish despite news the Economy grew by 3.5% [...]