CNBC Mad Money August 15, 2013
Have more days like today. Where the averages got scalded. Dow plunging 131 points. Nasdaq declining. 41 . Thats precisely what happened this session. The market said with this particular pummeling that the consumer is on the ropes. Dont have enough good things happening away from the consumer to keep the averages at these admittedly lofty levels. How do we know this . Simple. Because of a slogan. A slogan many of us are familiar with. Macys has everything. And today for first time in four years macys reported sales and earnings that were disappointing. And the companys too good, too well run ...