The Devil and The Dow Jones
Can the Markets Resist the Devil?
The present stock market slide is not the beginning of a cataclysmic collapse in the U.S. economy. Stocks may drop lower for a time, but the Dow will find a consistent floor above 7,000 and the Nasdaq is close to its bottom in this present slide as well. This will be closer to the actual value of American business, which in the long term is healthier for both the economy and the markets.