Stock Market Correction - May Be A Non-Issue
Stock markets around the world reverberated on Tuesday, Feb. 27, 2007, after Shanghai's market lost ground. In the U.S., the Dow Jones industrial average dropped some 400 points and lost more than 3% of gains this year. What caused the plunge and will the volatility continue? Robert (Bob) Schnorbus, chief economist at J.D. Power and Associates, offers a point of view:
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