Dow Jones could get a correction

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Wednesday, May 29, 2013

Observers are predicting a correction to the rapidly rising Dow Jones.

Some even cite the fact that several noted billionaires have been dumping stocks -- quietly.

But beyond a window of time, many feel the details of the real economy -- not the parallel economy of stock trading on Wall Street -- don't support such buoyant feeling, and that something more ominous than a correction is on the horizon. These critics feel the Federal Reserve, for example, has used to heavy a hand in utilizing every tool in its arsenal to artificially pump up the economy, including keeping interest rates low and stimulating the economy through quantitative easing (essentially buying assets and expanding the amount of money circulating in the economy).

Read more at OregonLive.com.

{biztweet}dow jones{/biztweet}

 

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