So two days after losing 2%, the markets are down another 2%. All sectors, no safe havens. There are a number of problems, subprime seems to be spreading to all forms of credit with delinquenices in credit cards and home equity loans also rising, home builders are a total mess and to top it off earnings overall have not been good. It will be an interesting next quarter to see if the market can recover or if a slide continues.
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