Stocks fall after report on consumer prices Wednesday November 19, 11:44 am ET By Joe Bel Bruno and Sara Lepro, AP Business Writer Wall Street declines after reports on falling consumer prices, home construction NEW YORK (AP) -- Wall Street sank more than 175 points Wednesday, as investors, already nervous about the fate of the nation's top automakers, scoured more discouraging economic data. Investors vacillated in early trading as they tried to hold on to gains achieved in the previous session, but gave way to more evidence that the economy remains in flux. http://biz.yahoo.com/ap/081119/wall_street.html
I was putting up articles about the housing industry falling apart in 2006, and ARMS and foreclosures hitting record highs, how can you say those are worthless predictions when everything fell perfectly into place.