I am looking all over for a reason for this selloff beyond oil, citigroup, Iran, bin laden and GE. Cant find one and the above have little meaning to me.. Is the fed meeting next week? This type of action should send a signal to the fed that it should at least make clear that there will be no more increases after this one or even not raise this time. We have an inverted yield curve which is spooking investors whether rightly or wrongly and suddenly a very volatile stock market. Google collapsing might have something to do with the extent of the decline too.
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