For your reading pleasure, this from The Big Money: Deflation Fears Suck Air out of Markets. Their take is that the drop-off in consumer spending is leading to a fall in prices, which is causing the stock market to make like a rock in midair and fall.
We've got a slightly different take on what's causing the market swoon — yes, deflation, deflation, deflation — but a little something else, too. Adam's prepping tape for it on the podcast today.
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