Friends,
Wow, what a crazy reversal of fortunes for the US and World economies.  Yesterday’s plunge in the markets was exactly one year from the High the Dow Jones Industrial Average hit of just over 14,000. 
Now we sit at about Dow 8500 and with $3 TRILLION of US wealth wiped out.  Most of that happening in [...]

The following are the top 5 reasons I believe that the market dropped today:
1.  People are scared!  Today’s sell off in the stock market was not just mom and pop investor scared about losing their retirement savings, there were huge institutional trades today that seem to be driven by fear.
2.  People are confused!   The world [...]