Real off-day for the Dow Jones

June 5, 2006 – 7:05 pm

by Darren

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The Dow Jones was shaved around 200 points today. It’s no wonder. I’ve been feeling bearish about the market for awhile, and obviously I’m not alone. Investor jitters are real, and can be summed by the following:

  • Rising prices on hard items
  • Inflation setting in
  • Economic expansion of US economy taxed
  • Oil prices and worries about Oil supply
  • Uncertainty for earnings

Combining all of these factors, you have a recipe for a disaster, and that’s pretty much what happened with the Dow today. We might see a levelling off tomorrow, but the fears are persistent, so I expect general skittishness to continue.

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