Description: The stock market has an empirical rule: interest rates lead stocks. And the current interest rate environment is pointing to a massive decline for the U.S. market.
Source: MarketWatch.com
Date: June 10, 2015
Link: http://www.marketwatch.com/story/get-ready-for-a-4000-point-dow-drop-2015-06-10
Questions for discussion:
- What is the basis for predicting such a steep drop in the Dow?
- Do you agree with the analysis and prediction?
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