The Position Makers

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DOW Drops 306 points, Lowest in 10 months.

Posted Friday, January 18th, 2008 at 7:48 am · No Comments · By: Mr K

U.S. stocks on Thursday sold off for a third day straight, with the Dow sinking to 10-month lows, after Federal Reserve Chairman Ben Bernanke spoke about the country’s economic trouble and a regional measure of economic activity contracted.

We have been in a recession for over a year now. It just takes the “general public” some time to catch up with reality.

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Tags: Inflation · Market Conditions · Recession

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