The Dow Jones Industrial Average plunged sharply, led by BofA [BAC 7.05
-0.41 (-5.5%)
] and Hewlett-Packard [HPQ 29.5554
The S&P 500 and the tech-heavy Nasdaq also tumbled. The CBOE Volatility Index, widely considered the best gauge of fear in the market, surged almost 30 percent to trade near 41.
All 10 S&P sectors were sharply lower, led by techs and industrials.
Not to be outdone….
US Jobless Claims Up, Gasoline Lifts Consumer Prices
The number of Americans claiming new jobless benefits rose last week and consumer prices increased at the fastest pace in four months in July, highlighting the challenges facing the Federal Reserve.
Get a bigger helmet Barry.
And get a good set of sound deadening headphones
Will he really run if this keeps up?
UPDATE FROM GALLUP:
Americans’ Satisfaction With National Conditions Dips to 11%
Economy, jobs top “most important problem” list
by Jeffrey M. JonesPRINCETON, NJ — Americans’ satisfaction with the way things are going in the United States has fallen back to 11%, the lowest level since December 2008 and just four percentage points above the all-time low recorded in October 2008.
5 comments:
Epa here's another story to add to the list.
http://blacklistednews.com/?news_id=15258&print=1
I predicted two years ago that Obama would either decide not to run for re-elect or he would be told not to run by the donkey party and be replaced.
If I was a Dem i would be p***ing in my shorts thinking the damage he will do in 2101 to the Dem party - a damage that they may not recover from for many election cycles.
That's 2012 not 2101. Sorry
Ye, gods!
Will he really run if this keeps up?
Yes, indeed. No way will he voluntarily not run or step down. He believes his own Messiah propaganda.
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