equities have been in the dumps all day, weighed down by risk aversion after a strong three-day rally to close last week. A White House proposal set to be unveiled tomorrow in Cleveland to accelerate expensing of capital spending by greedy corporations
has not done much to cheer the markets today. Many suspect nothing of substance will get through Congress between now and election day…
Markets are quite dull this afternoon as they consolidate big moves toward the risk-averse end of the spectrum made this morning.
