{"id":27656,"date":"2011-08-05T01:24:48","date_gmt":"2011-08-05T01:24:48","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/stocks_down_over_4_in_global_sell-off\/"},"modified":"2011-08-05T01:24:48","modified_gmt":"2011-08-05T01:24:48","slug":"stocks_down_over_4_in_global_sell-off","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=27656","title":{"rendered":"Stocks Down Over 4% in Global Sell-Off"},"content":{"rendered":"<p>Mohamed El-Erian, chief executive of the bond giant Pimco, said investors were selling risky assets like stocks \u201cglobally prompted by concerns about the weakening economic outlook, spreading contagion in Europe and insufficient policy responses.\u201d\u009d<\/p>\n<p>With Thursday\u2019s dive, the three major American indexes had erased all of the gains made so far in 2011, with the S.&#038;P. and Nasdaq markedly below the start of the year.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2011\/08\/05\/business\/markets.html\">Read it all<\/a> and take a look at <a href=\"http:\/\/finance.yahoo.com\/echarts?s=^GSPC+Interactive#chart1:symbol=^gspc;range=5d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined\">this graph picture<\/a> which says it all.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mohamed El-Erian, chief executive of the bond giant Pimco, said investors were selling risky assets like stocks \u201cglobally prompted by concerns about the weakening economic outlook, spreading contagion in Europe and insufficient policy responses.\u201d\u009d With Thursday\u2019s dive, the three major<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=27656\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,460,149,591,200,590,454,448,458,446,599,585,596],"tags":[],"class_list":["post-27656","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-economy","category-euro","category-europe","category-european-central-bank","category-greece","category-italy","category-portugal","category-spain","category-stock-market","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27656"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27656\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}