An Earnings-Driven Pullback
Since the market low in 2009, we have only seen one instance of what I would term a "standard market correction" -- and that was the pullback seen in the summer of 2009. Ever since then, each correction has been filled with drama and catastrophe.
Consider that, beginning in May and through the summer of 2010, we saw a correction that began with the "flash crash" and was heightened by drama coming out of Greece and by the BP (BP) oil spill. The market was saved from more downside in late August, when Fed Chairman Ben Bernanke announced a second round of quantitative easing at Jackson Hole, Wyo....452 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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