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Keyword: earthquakesfault

White House on worst market drop since 2008: ‘Markets go up and down’

08/04/2011 4:43:39 PM PDT · by Sub-Driver · 44 replies
Yahoo ^

White House on worst market drop since 2008: ‘Markets go up and down’ 1 hr 5 mins ago The Dow Jones Industrial Average dropped by 512 points Thursday, erasing this year’s market gains, but the White House had little to say besides “markets go up and down.” “I don’t have a specific reaction to the market. Markets go up and down,” White House press secretary Jay Carney said. “There is no question that we have — this economy has faced headwinds this year, a variety of them including the earthquake and tsunami in Japan, the increase in oil prices, energy...

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