Breathe, everybody. Wednesday's stock market dive is probably an overreaction to an admittedly ugly week of economic data - in the same way that market exuberance in recent months was probably an overreaction to the best job-creation streak the United States has seen in years.
Stocks fell throughout the day, and Treasury bonds hit their lowest yields of the year, in what appeared to be pent-up market reaction to a wave of economic indicators all falling short of expectations.
Related Topics: economy
Source: http://www.realclearpolitics.com/2011/06/02/don039t_panic_us_growth_slow_amp_volatile_256515.html
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