Rob Schaap wrote:
Wow! A DJI at about 9700 all of a sudden - any diagnoses of our moment? Is it the price of oil? The whispers of junk-bond-exposed investment banks ? Lousy tech projections (where it's acroos the board - from chips to dotcoms to computers)?
Is there a compelling mainstream explanation abroad yet?
9963 as I type. It's all these things - oil, Mideast, higher-than-expected inflation, weakening profits, anxiety about credit risks...
Doug
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