Stock market begins to feed economic fear (AP)

By admin on August 21st, 2011

FILE - In this Aug. 19, 2011 file photo, trader William Long, center, works on the floor of the New York Stock Exchange. The stock market is starting to feed economic fear, not just reflect it. Stocks have fallen four weeks in a row. Some on Wall Street worry that the resulting blow to confidence, not to mention 401(k) statements, has set off a spiral of fear that could push prices even lower, cause people and businesses to pull back and tip the economy into a new recession. (AP Photo/Richard Drew, File)AP – The stock market is starting to feed economic fear, not just reflect it.


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