A Blip Or A Cliff?

by Steve

MSNBC Image

The market drops over four hundred points after a Chinese stock market sell-off, caused by central government talk of a capital gains tax to cool their economy. This comes a day after Alan Greenspan ruins Ben Bernanke's rosy scenario message by talking about a recession at the end of 2007.

What say you: No big deal, or a sign of things to come?