Black Monday?

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Not yet, though the Dow was down 5.55%. The more important S&P 500 was down 6.66% (hmm), and the NASDAQ was down 6.7%. Asian and European markets were way down, too. Central banks are running scared, as are the commercial fractional reservists. Thanks, boys, for the boom-bust cycle.

7:01 pm on August 8, 2011