Tuesday, February 23, 2010

Stocks Slump as Consumer Data Disappoints

A monthly poll showed consumers' confidence took a surprisingly sharp fall in February amid rising job worries. The decline ends three straight months of improvement and raises concerns about the economic recovery. The market reacted with the Dow down over 100 points.

Since we are invested primarily in very low volatility income funds at the moment we need not worry about these day to day swings in the stock market.

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