Markets are RED all over.....
S&P 500 LOW today is 886.83 so far....well below 900....
Every sector is taking on the chin......
TOL & SBUX news was taken as an indicator of current state of economy.....
Market IS struggling with "real strength" of economy..so any negative news gets an OVER-REACTION from indices......
Current state of economy is UNIQUE as it has NEVER experienced de-leveraging of this magnitude....
Can we expect improvement by close?
I hope SO !!!!
Always an OPTIMIST !!!!
BLOG does NOT give buy or sell.
Saleem
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