Earlier this week on Monday, August 5th, the markets fell precipitously into technical bear market territory. A 4,500 point drop in the Nikkei predicated a massive drop across all other equity indices...the end of the week looks like the market is choppy, and possibly preparing to fall further.
Some economists and investors have been dismissing Monday's market free fall as a 'correction', a number of veteran independent economic analysts have called the recovery a 'Dead Cat Bounce'...temporary recovery climbs back before the next wave of heavy selling plummets the price even further.
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