Friday, August 1, 2014

Stocks Collapse Following Good News?

This may seem strange, but one day after GDP growth of 4% was announced, the stock market plunged 317 points. Is this the beginning of the consequences for so much market manipulation by the Fed?

"U.S. stocks sustained heavy losses on Thursday as traders ditched a wide swath of assets, leading the blue-chip average to hit the flat-line for 2014." Fox Business