Should anyone really be surprised that we've arrived at this point? For many months, long before Ebola or a slowdown in Europe was on anyone's mind, many market pundits have been concerned about high stock valuations — particularly when measured by
After a brief pause on Tuesday, U.S. stocks continued their steep sell-off on Wednesday due to ebola fears, deteriorating global economic data, and liquidation selling. U.S. government bonds spiked significantly in a typical “flight to safety” manner
"Jesse Livermore," who pseudonymously blogs at Philosophical Economics, predicted on the eve of the Alibaba IPO that the market would put in its yearly high in the first hour of trading on that day. He nailed that trade to the
U.S. financial markets drifted higher in afternoon trading Thursday, recovering from a steep decline earlier in the day and putting indexes on track for their first broad gain in a week. The rebound was a stark turnaround for the major stock indexes
Now, in the last two weeks the stock market has undergone a substantial correction that may yet turn into a full blow crash. The Dow Jones Industrial Average has dropped by about 1300 points since October 1, falling from around 17,200 to 15,900 as of