It looks like the recent stock rally has been slowed. From eight months ago until two weeks ago, the stock market was heading upward. Now, Wall Street is looking at some economic data that may show investors were too quick to bet on the recovery.
Employers cut more jobs in September than in August while other recent reports on everything from factory orders to consumer sentiment have tough reminders of the economy's trouble.
The Dow Jones has dropped over three-percent in the past two weeks and upcoming earning reports will likely determine which direction the market takes in the coming days.
What does it all mean? Today on
Good Morning Maryland @ 9, Jamie sat down with Certified Financial Planner Dale Horn who explained that the recovery will not take a smooth upward track. It will probably look more like a "W" as it moves up, falls back, and moves up, then falls back again.
To hear what Dale had to say so you can get a better idea of what to expect in the future, click on the video box to the right of this article.
