Sun.Aug 07, 2011

Coaching Tip

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Today, Economic Confidence is Fragile

Coaching Tip

As the Dow Jones industrial average plunged 513 points last Thursday, then gyrated wildly on Friday, all of Wall Street seemed to be asking the same question: What the heck is going on? Evidence that the American economy is bad and growing worse has been piling up for a while now. And it’s not as if we didn’t know Europe had a debt problem. Why, then, all these crazy swings?

Hedge 95