"The Dow saw its first back-to-back triple-digit drop since June 19-20, when it tumbled nearly 560 points. That swoon was sparked by the Federal Reserve, which said after its June meeting that it would start dialing down its market-friendly bond-buying program later this year if the economy and jobs market continue to improve."That doesn't sound like the economy is improving to me.
Thursday, August 15, 2013
Economy
Dow plummets on Walmart's disappointing numbers. Costco lays people off. Treasury rates reach two year high. Uh-oh.
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