“The market is constantly trying to figure out if the world is going back down into a double dip or if the economic expansion can be sustained,” said Rod Smyth, chief investment strategist at Riverfront Investment Group in Richmond, which manages $2 billion. Today’s housing numbers “are fodder for the bears.”
Commodities’ Biggest Drop Since Lehman Is Bear Signal (Update4)
... Europe’s debt crisis is only starting to weigh on global growth, said
Michael Aronstein, a strategist at Oscar Gruss & Son Inc. ...
06/01/2010