The headlines are saying the dow is falling because of consumer spending and the fact that we are in a recession. Yeah right. Sure, like that info wasn’t already known.
Gee guys, you think the real reason could be ummm…The terrorist attack in India! Let’s see a financial center in a country gets attacked….what did you think was going to happen? Plus, how many US companies have offshore centers there?
Now, you can see why the dow is truly down today.