Where's the Bottom?

As housing woes spread to the corporate credit market, the economic outlook is sure to decline. Just how much further down do we have to go?

News from credit markets and economic data on July 26 toppled the "wall of worry" that stocks had been climbing on the way to record highs earlier in July. With the Dow falling 311.5 points and the Standard & Poor's 500-stock index off 2.33%, how much worse can things get before they get better?

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