Monday 29 August 2011

S&P 500 Falls to Reagan Recession Values on $2.3 Trillion Drop

Aug. 29 (Bloomberg) -- Investors are paying less for equities than they have during every recession since Ronald Reagan was president amid growing concern that the economy is on the edge of another recession. The Standard & Poor’s 500 Index has lost 13 percent in the past five weeks, sending its ...

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