wrong here. Foreign markets grow much faster than US. No foreigners buying US I'm a foreigner and I converted all my trading money back into CAD What drives stock market now is Bernanke and his printing press Dollar will continue its slide as it's the only way to run US economy for now And stocks will grow although why would anybody outside US buy US stocks if his domestic stocks grow faster and his domestic currency appreciates
I guess you think GE's earnings are fake.... this stock is a perfect barometer for world wide growth.. GE beat the street
i still remember reading articles that warren buffet lost his touch in like 2000. most of those old timers have blown away the tech stock cheerleaders over the past 10 years.
Um but the dow is up nearly 4000 points since 2005, and roughly 3500 points from Summer 06 lows. 170 point selloff is nothing.