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Market's 7-Day Rout Leaves U.S. Reeling
http://online.barrons.com/ article/ SB122359593027021243.html?mod=rss_Page_One
The Dow industrials plunged 678.91 points, or 7.3%, to 8579.19, falling for the seventh straight day, or more than 20% over that stretch. The decline leaves the U.S. in one of its worst bear markets in decades.
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Stock Market Crash
http://www.deanesmay.com/2008/10/10/stock-market-crash/Welp, Wall Street is certainly having a truly scary-seeming week. I suspect this all but guarantees an Obama victory in November, although he still won’t get my vote. Still, I’m now expecting Democrats to get that massive rout they were hoping for earlier this year. People usually (usually) run to Democrats when they feel afraid for their livelihoods. Well, most Middle and Lower-income people do, anyway. (Again, usually.) I’m not sure whether to have jitters about the market anyway. If I had any savings left (they’re already depleted) I’d do my best to be steely-eyed and refuse to pull any of my money out of the stock market, or to panic and try to shift everything to “safe” stocks or mutual funds. If you want to ride the stock train, even just mutual funds, you have to be prepared for a bumpy ride, even very scary bumps.
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The Dows a Brat
http://blog.tomevslin.com/2008/10/the-dows-a-brat.htmlWe've all seen parents unwisely offer treat after treat to a sullen child to stop him or her from misbehaving in public may have even done it ourselves. The brat grabs each gift, quiets down for a few minutes, then has a fresh and louder fit to extort
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The Only Positive So Far? Markets Are Closed Tomorrow.
http://blogs.wsj.com/marketbeat/2008/10/10/the-only-positive...Really, where does one begin? European markets are getting trounced. Asian markets were hammered. Credit markets still suggest an undue amount of stress on the banking system as financial institutions, aware of their own bad positions, remain averse to
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Morning Brief: Crash
http://blog.foreignpolicy.com/node/10005Morning Brief: Crash Fri, 10/10/2008 - 7:10am Top Story Spencer Platt/Getty Images News Falling by more than 20 percent over seven straight trading days, the U.S. stock market's recent performance now meets the standard definition of a crash. Investors
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