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Archive of entries posted on 8th October 2014

A big down day. Stay the course, with small modifiers

After yesterday’s 1.6% drop on the Dow and 1.5% drop on the S&P 500, we’re down 4% from this year’s highs. According to today’s New York Times:  The stock market fell sharply on Tuesday on signs of weakening global growth. While the American economy appears to be strengthening, the outlook elsewhere is far less encouraging. […]