Jul 09
The stock market seems to be rolling over. Investors read the news. It’s probably becoming clear to them that the economy is not going back to normal any time soon. Yesterday, the Dow lost another 131 points . Another big day down and it will be in the 7,000-range. Oil sank too – down to $62. The dollar, bonds, and gold stayed about where they were. Economists are still talking about an “exit strategy.” But in view of what is actually going on in the economy, they’ll probably want to st
