Why Is the Market Selling Off?
Posted by Larry Doyle on January 28th, 2010 12:04 PM |
What is driving the market lower?
I thought the economy was starting to improve. Didn’t the Federal Reserve indicate as much just yesterday? Do you believe them? While we could debate the depth of integrity embedded in many statements that emanate from Washington, let’s focus on what we do know and see happening. In the process, we will be better positioned to most effectively navigate our economic landscape and the markets.
So, back to the initial question: what’s driving the markets lower? I see a confluence of reasons reflected in some dramatic price action. These reasons include: (more…)
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