Posted on 10/15/2014 10:08:47 AM PDT by John W
U.S. stocks resumed a decline after shaving early losses on Wednesday as Europe markets closed in the red and weak domestic economic data weighed heavily on markets.
In the United States, transports fell about 2 percent in late morning trade led by a decline in airlines on reports that the new Ebola patient flew the day before falling ill. However, analysts said there were no reports of flight cancellations due to the disease.
"Ebola is in the background," said Peter Boockvar, chief market analyst at The Lindsey Group. "It feeds generally into global growth concerns."
(Excerpt) Read more at cnbc.com ...
Almost time to buy for a trade.
What recovery?
no matter what the financial or political news, the work ‘Recovery’ is always included.
that word has to be associated with the Obama story line 24/7 to convince people it’s happening.
Really? The stock market goes down as well as up? That seems to come as a surprise to many people; welcome to reality, guys.
Yep.
Only place where people run out of the building when they have a sale.
We have a CDC director who thinks banning travelers from West Africa would actually increase the spread of Ebola.
Madness all around.
Who's going to go to the Hospital for something that can wait?
It’s looking nasty...the capitulation could even come this week.
Federal Reserve officials agreed to end the central bank’s bond-buying program by October.
yes, Ebola is why retail sales dropped so much in September (rolling eyes)
The market, that seems to ignore the reality of a world economic recession, is scared of a mere disease? Yeah, sure.
Madness all around.
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Virtually everywhere you look the country’s a mess. The country is getting the government it voted for.
Our CDC director thinks that Big Gulps and salt are greater threats to public health than Ebola.
This correction was long overdue. The market had become addicted to the Fed’s easy money program. This created great distortions in the economy and malinvestment but companies loved the cheap money. Earnings no longer had to be real or organic; they could be financed. Eventually reality had to come back to the markets.
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