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Wizard

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Wizard

Re: Rawnoc post# 200249

Monday, 06/22/2009 11:09:50 AM

Monday, June 22, 2009 11:09:50 AM

Post# of 275618
Oops. Fly in the "10,000" ointment. Media wonders if perhaps the recession is not over. To which I respond: "Um, duh !!"

Stocks smacked by global slowdown fears
Dow plunges over 130 points; Nasdaq, S&P 500 sink over 2% after World Bank cuts global growth forecast. Oil prices slump. Bond prices rally.

NEW YORK (CNNMoney.com) -- Worries about the economic slowdown dragged on stocks Monday morning, after the World Bank said the global recession has worsened.

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