The Market at Mid-Year

Something funny happened on the road to nirvana. After an unusually extended period of calm, the financial markets began acting like markets again at the end of February 2007. On Feb. 27, the Dow Jones Industrial Average plunged by more than 400 points, its largest drop since the Sept. 11, 2001 attacks (at one time during the day, due to a computer glitch, it was down as much as 550 points.) It didn't

Something funny happened on the road to nirvana. After an unusually extended period of calm, the financial markets began acting like markets again at the end of February 2007. On Feb. 27, the Dow Jones Industrial Average plunged by more than 400 points, its largest drop since the Sept. 11, 2001 attacks (at one time during the day, due to a computer glitch, it was down as much as 550 points.) It didn't take a heck of a lot to make the February fall happen, either. Unconfirmed reports of a gove

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