Fear is the new name of the investing game. It's what drove investors to take $527 billion off the table in May, and it's what continues to rattle the market, with the Dow's 268-point drop on Tuesday and second 115-point decline at deadline two perfect examples.
Fund economists and fund managers believe the recovery is for real. This, even though recent bearish news on job growth and consumer confidence has pushed the Dow Jones Industrial Average down 11.6% from the end of April, when it stood at a record 11,181.30. At deadline, the Dow was trading at 9,668.97.