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US markets suffer their worst August in almost a decade

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Francesca9 Donating Member (379 posts) Send PM | Profile | Ignore Tue Aug-31-10 10:03 PM
Original message
US markets suffer their worst August in almost a decade
Source: Telegraph (UK)

US stock markets suffered their worst August in almost a decade, as evidence mounts that the recovery in the world’s biggest economy is slowing to a crawl.

Read more: http://www.telegraph.co.uk/finance/markets/7974211/US-markets-suffer-their-worst-August-in-almost-a-decade.html



This is a bad sign. More unemployment is likely.
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-31-10 10:07 PM
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1. No surprise here. n/t
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-31-10 10:09 PM
Response to Reply #1
2. Yep, the bigger surprise is what was propping it up since early last year
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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-31-10 10:10 PM
Response to Reply #2
3. The Koch brothers. Hope they lost a bundle.
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