Daily Reading on the Financial Markets: 8/7/11
Reggie Middleton from BoomBustBlog says Central Banks disrupted the contraction 3 years ago, and its time for economic nature to take its course.
Doug Short took a look at past 4%+ down days and found virtually all of them to have occurred durning bear markets.
Rougemont, from Seeking Alpha, suggests that the S&P downgrade of U.S. debt may actually spark a relief rally.
AntiSec, a hacker group sympathetic to Anonymous, releases 10GB of sensitive police data.