Another stocks sell off

Persistent bad economic news plus statements from the heads of the IMF and WB that the US economy is inching closer to a “danger zone” sparked another sell off in the US and European stocks the past 2 days or more.


Note that 3 of the top 14 biggest losses in Dow Jones Industrial Average since 1987 have occurred this year — August 4, 8 and 10.

Not a good day to end the week.


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