Money Manager: Digesting the economic turmoil

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by ERIC AMADO

WFAA contributor

Posted on September 24, 2011 at 8:59 AM

The stock market has suffered its worst week since October 2008. The Dow Jones industrial average ended the week down 738 points from where it started on Monday. It was up slightly on Friday, ending the week at 10,771.

This week's stock slide was caused by concern about the global economy. International stocks have officially entered bear market territory as they fell 20 percent from recent highs in May.

Fear of a Greek default and economic data has hinted at a worldwide recession. Our money manger Eric Amado is here to discuss all this.

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