In previous eras, the stock market may have reacted differently to a seemingly endless drumbeat of geopolitical headlines sure to rattle it. These days, the reaction is little more than a yawn, or momentary dip only to rebound within days, said Jeffrey Busse, an associate professor of finance at the Goizueta Business School.
Tagged: stock market
The Dow Jones Industrial Average tumbled Monday as the reality of the nation’s credit rating downgrade from Standard & Poors began to sink in. The stock market dropped 634 points[…]