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Posts on ‘October 15th, 2008’

More Market Pain and Consumer Spending

 
Once again as I write this, the Dow Jones is down another couple hundred points. I’ve given up on worrying about it despite my sagging brokerage account, but it’s important to understand the importance of consumer spending in today’s drop.
Retail sales data came out today and let’s be honest, it’s not good. People are scared, […]

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