Rally Fizzles on Wall St - Gainesville Coins News
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Rally Fizzles on Wall St

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Rally Fizzles on Wall St
Source: Google Finance Source: Google Finance

The Dow Jones Industrials cratered near the end of the trading day on Tuesday after opening more than 2% in the green. Hopes that yesterday's plunge for global equities would be counteracted by a rebound rally today have been largely extinguished as U.S. indices rapidly gave up all of the day's gains.

It makes one ask, What rally? And what becomes of the untold number of retirement accounts that are getting wiped out every day that the markets tumble lower?

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

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