WEDNESDAY, AUGUST 26, 2015

We’re Waiting For A Real Rebound

Whistleblower Business Editor Merrill Forbes says Wall Street took another try at a rally this morning after strong gains from the prior session were completely wiped out in the final half hour of trading. At the opening bell, the Dow Jones Industrial Average jumped 393 points (2.52%), the S&P 500 gained 42 points (2.27%) while the Nasdaq soared 131 points (2.92%) and all 10 S&P 500 sectors were in positive territory. But as you can see from CNBC, stock prices lost half their opening gains during the next hour, so today’s rally probably won’t be nearly so robust.

And Fox Business News says to put the market’s gyrations into perspective, over the last six sessions, U.S. markets have dumped $2.1 trillion in value, notching the worst August since 1998, according to S&P Dow Jones Indices.

Meanwhile, our Conservative Cartoonists are looking for a real rebound, too, since things looked pretty good yesterday, at least until the last hour.  

More Conservative Commentary Later