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The Stock Market’s Lifeboat May Be Sinking

Stephen Gandel
The Stock Market’s Lifeboat May Be Sinking

The stock market’s traditional safe haven may appear to be sending investors the all-clear sign, but don’t believe everything you see. Procter & Gamble Co., Clorox Co., General Mills Inc. and others in the industry that are members of the S&P 500 have seen their stock prices drop an average of  14 percent this year.