YES, THE CORRECTION WILL AFFECT CRE

By: Erika Morphy | National WASHINGTON, DC—The Dow Jones industrial average, as we all know, closed on Friday some 531 points lower, entering into a correction for the first time since 2011.Likewise the Nasdaq Composition, which closed on Friday 3.5% lower. The reason, again as most people are aware, is due largely to the uncertainty about China, egged on a bit further by oil prices that dropped, albeit briefly, to below $40 a barrel. Ironically, the US economy itself is fine although certainly not as robust as most would like to see, but then that has been its story since the beginning of the recovery. We will know soon enough whether the stock market will continue to fall on Monday and th

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