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The Dow is down 250 points after 90 minutes of trading. Yesterday's volatility is giving way to panicky selling as investors keep hearing predictions of a double-dip recession. What's interesting about the sharp drop is that it comes on a day of reasonably decent economic news. Dow is at 11.650 and falling.
More by Mark Lacter:
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Another rugged quarter for Tribune Co. papers
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Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.