Stock Market Plunges: Hard Times for the Rich, Poor and Homeless

The Standard & Poor’s 500 stock index was down nearly 7.6 percent yesterday and the Dow Jones industrial average was down 678.91 points, both posting one of their worst days in post-war history. In addition, new data released on Thursday showed that retail investors were withdrawing tens of billions of dollars from stock mutual funds, a sign that the panic on Wall Street is spreading. This stupendous stock market crash should serve as a stark reminder to us that ultimately, no one is much different from people who are either very poor or homeless.

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Stock Market Plunges: Hard Times for the Rich, Poor and Homeless

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