Fraudulent deals seem to be springing up like weeds and mosquitos.
Analysts are already touting a boffo Christmas for retailers. The Stock Market Technology stocks continued to get hammered as the highest flyers come down to earth. The big techs are fine, but the smaller, the crazier, the higher the PE, the bigger the fall. A few money managers started bottom fishing, but these stocks probably have a way to go yet. Fed watchers now believe that there will be no rate increase soon, perhaps until after the election.