Dow Jones Drops 4%

 The Dow Jones Industrial Average fell 512.76 points, or 4.31%; or in other words fell more than it did back in 2008 when the worlds largest investment banks were on the brink of bankruptcy. This comes at somewhat of a surprise, considering the US government ended up not defaulting on its obligations and successfully raised the debt ceiling, averting a potential global financial disaster  (or so we thought). Is this the result of European currency concerns, lack of economic growth in the US and stagnate job creation, or was this just an anomaly in the markets? Only time will tell really. My money is this will rebound quickly (not literally my money though – I’m not that stupid).