Double Dip in Full Swing
- Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone's debt crisis, coupled with weak Chinese factory data, further dented investor sentiment.
A weak German bond sale sparked fears the debt crisis was even beginning to threaten Berlin, with the leaders of France and Germany still at odds over a longer-term structural solution.
And somehow, those darn economic numbers keep getting revised downward. The media always says it's "unexpected," but after three years of Obama-nomics, "unexpected" seems to be very commonplace.
Labels: money questions