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Archive Home > 2008 > October > 16 > Dim outlooks bring market jitters back

Dim outlooks bring market jitters back

Weak retail results, Fed’s comments reinforce fundamental problems

By Peter S. Goodman / The Bulletin
October 16, 2008

Stock markets plunged anew on Wednesday, nearly wiping out the record gains of Monday and sending another wave of wealth destruction washing over American households.

The government’s rescue of the banks has been widely embraced, but the frenzied selling, which pushed the Dow Jones....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.