Today's bad economic news coupled with investor fear over the fate of Citibank (see why I think this bank may collapse) and other financial stocks, sent the stock market spiralling to a 5 year low....
There really ought to be a law against a former Fed chair making public pronouncements on the market or the economy. This is especially that case for Alan Greenspan whose words were watched so...
It just doesn't happen that way. This is not a bear market. Sure, you can point to the credit markets (but problems there were fully known when Dow hit 14000), but where are the weak corporate...
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