So should be get our 401Ks out of stock and into bonds?
This was NOT unexpected.
They still haven't got all the corn in the Corn Belt harvested ~ it's standing there in the fields waiting on a good freeze to "dry things out".
What a bunch of morons. If they didn't see this coming, they need thicker classes, or a janitorial position.
Did anybody bother to take a look at the Weather we had in October? Construction is heavily influenced by inclement weather and the change from Septemeber to October was significant. How in the world could they expect anything but a decline? It will decline further as we move into the colder and wetter months.
NOBODY expects the INQUISITION!
These folks simply couldn’t expect to find their butts with both hands.
The $8,000 tax credit expired.
He still hasn’t figured out that managed economies don’t work in the long run.