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5 Ways to Beat the Fed (and Crush Inflation)
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Tags: Dow Jones

Here's the Truth About Yesterday's 400-Point Drop in the Dow

By Cooper Creagan, Associate Editor, Money Morning • May 30, 2018

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You just witnessed why it is so crucial to know the difference between a dip in the Dow and a disaster.

As of this writing, the markets have almost completely regained ground lost yesterday (May 29), meaning that the "perma-bears" who ran for the hills ate their losses for no reason at all.

But short of a crystal ball, knowing whether or not the markets will rebound can seem downright impossible.

That's where Money Morning Capital Wave Strategist Shah Gilani comes in. This morning, he appeared on FOX Business Network's "Varney & Co." to explain why he's not worried about yesterday's drop - and even shared his surprising near-term prediction for the Dow Jones.

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