Monday, July 5, 2010

Articles - Dow Repeats Great Depression Pattern: Charts

     NATIONAL - CNBC has the report Dow Repeats Great Depression Pattern: Charts which begins "The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday."

     The Associated Press has the article World stocks steady amid worries over US recovery that begins "World stocks were steady Monday amid worries that the economic recovery in the U.S. will slow down, with trading light as Wall Street was due to remain closed for the Independence Day long weekend."

     The Columbus Dispatch has the article Is there a ‘double-dip’ recession on the way? that begins "Concerns are rising that the economy is at risk of slipping into a “double-dip” recession.  High unemployment, Europe’s debt crisis, an economic slowdown in China, a wobbly housing market and sinking stock prices all weigh on a fragile U.S. recovery."

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