Weak Economic Data Slams Wall Street

[Pernicious]

http://www.debatepolicy.com/attachment.php?attachmentid=6620&stc=1
The Dow Jones Industrial Average fell 369 in early trading, the largest intraday drop this year.
http://www.foxbusiness.com/markets/2014/10/15/futures-flat-ahead-retail-sales-data/

[fj1200]

My guess? Another big drop that will be blamed on BO policies and be followed by another big run-up in prices.

[Pernicious]

The typical household has an income lower today than it was 15 years ago,and you can’t really overcome that. History will likely prove the damage done by socialist entitlements as well as Obamacare.

[DLT]

http://www.debatepolicy.com/attachment.php?attachmentid=6620&stc=1
The Dow Jones Industrial Average fell 369 in early trading, the largest intraday drop this year.
http://www.foxbusiness.com/markets/2014/10/15/futures-flat-ahead-retail-sales-data/

It's down 411 points currently. Get used to the roller-coaster economy.

Problem is.....once it goes down, it likely won't go back up to the same levels again unless the Feds announce they're extending QE until Hell freezes over.

Obamanation = the policies of lowered expectations, if you're lucky.

[Pernicious]

It's down 411 points currently. Get used to the roller-coaster economy.

Problem is.....once it goes down, it likely won't go back up to the same levels again unless the Feds announce they're extending QE until Hell freezes over.

Obamanation = the policies of lowered expectations, if you're lucky.
The Dow Jones Industrial Average (DJI (http://quote.foxbusiness.com/symbol/DJI/snapshot)) fell 457 points in midday trading, the largest intraday drop in more than three years when the Dow saw a 527-point plunge in September 2011. As of 2:33 p.m. ET, the Dow was down 323 points, or 2%, at 15,991. The S&P 500 (GSPC (http://quote.foxbusiness.com/symbol/GSPC/snapshot)) fell 37.4 points, or 1.9%, at 1,840. The Nasdaq (IXIC (http://quote.foxbusiness.com/symbol/IXIC/snapshot)) was down 69.2 points, or 1.6%, at 4,158.
The blue-chip index is facing its fifth consecutive day of red ink amid growing concerns over the strength of the U.S. recovery and economic growth overseas.
In the wake of Wednesday’s lower open, the CBOE’s volatility index reached its highest level since December 2011. Traders piled into the safe-haven of U.S. Treasury bonds, pushing the yield on the 10-year note below 2% for the first time in 16 months.