It is of significance that the NYSE closed below its 50-day MA for the first time since late August. The DJIA is also toying with a key support level. Given the length of the most recent advance, the current price action is not particularly unusual or unexpected.
The official line is that there is no consumer price inflation in the United States of America. That's what the nerds at the Bureau of Labor Statistics say. And they're sticking with their story.
The stock market indices suffered a nasty spill today as world markets were lower, partially because of the saber rattling between North and South Korea.
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