Optimism Meets Harsh Reality: Inflation, Slowing Consumer, Financial Woes
The market’s recent flirtation with optimism ran smack into the harsh reality of rising core inflation and a slowing consumer Tuesday. Not surprisingly, optimism lost and major averages tumbled.The Dow fell nearly 200 points, or 1.5%, while the S&P an
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Posted on May 20th, 2008 by
Filed under: stock news
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