Wall Street Has Worst Day in 4 Months

We predicted an economic downswing, to put it mildly, to begin soon after the elections.

But who knew that it would be so bad that people wouldn't be able to afford to shop at Wallyworld?

With the two crushing defictis we now have, where can the dollar go but down?

My Way News - Wall Street Has Worst Day in 4 Months:

NEW YORK (AP) - Wall Street had its worst day in more than four months Monday as the dollar weakened and concerns about the strength of the retail industry arose following a rare sales decline at Wal-Mart Stores Inc. (WMT) The Dow Jones industrials fell 158 points.

Investors were uneasy after the dollar fell for the fifth straight day and after Wal-Mart, the world's largest retailer, reported a 0.1 percent drop in same-store sales, those from stores open at least a year. Same-store sales are the industry standard for assessing a retailer's strength, and while overall retail sales appeared strong last weekend, Wal-Mart's first deficit in a decade raised concerns about the strength of consumer spending during the holiday season.