with al zarqawi dead, oil falling and jobless claims unexpectedly low why-

[bullimiami]

is the market falling like an anchor?

where is the exuberence?

[SmokingJacket]

1. The estate tax.

The kiddies of the rich might not have quite so much windfall to invest. Boohoo!

[fasttense]

2. This started yesterday.

It's republican 1900's style economic policies catching up with the Stock Market. I believe we have now moved on to 1929. The roaring 20s have come and gone.

[bullimiami]

4. didnt it actually burp last week but recover and

start this freefall on monday?

thats gonna hurt!

[Psephos]

3. Inflation worries. It's in all the financial papers.

High oil prices are forcing substantial rises in producer prices, and that means Bernanke will continue to raise central bank interest rates.

Peace.

[MemphisTiger]

5. If jobless claims are low, consider that many looking for

jobs are simply giving up.