The Market's Mood Shifts
When there's a little kneejerk selling on news like election results, it isn't anything worrisome. But when there's a large, two-day waterfall decline and a close at the lows, it is something to worry about.
The character of the market action since the election is reflective of a major mood shift in the market. We have always had this list of worries about things like Europe, poor earnings and the fiscal cliff, but now the negatives outweigh the positives and old saviors like quantitative easing have lost their power....136 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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