Equities Update: Averages Tumble as Traders Fret over Economy [View article]
Consumers spending and sentiment are not exibhiting anywhere near the strength they need to demonstrate for holiday shopping to improve over last year. That means a lot of retail chains are in danger of collapsing and taking down their commercial landlords and the banks that hold those landlords' mortgages. The markets are in for a very rough ride in December and January.
Equities Update: Averages Tumble as Traders Fret over Economy [View article]