and the selloff continues
and the selloff continues today with more than 3%
Stock markets around the
Stock markets around the world have taken a battering today, following a dramatic sell-off on Wall Street that triggered concerns that a potentially healthy pullback from record highs could turn into a bear market. Watch as the Dow Jones rebounded after a massive points plunge on Wednesday.
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The Dow Jones Industrial
The Dow Jones Industrial Average sank more than 1,000 points on Monday as the spread of COVID-19 threatened wider damage to the global economy.…
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This is not an expected outcome since the virus put a halt to the production in China?
The us government will be worried that this is the event that will trigger the inevitable economic crash that is coming. No doubt there are hopes that the summer will bring an end to what is turning out to be a pandemic. Unfortunately, the summer is likely to make far more obvious the damage that global warming is doing. It would not be surprising if the summer months bring extreme weather conditions that mirror those experienced in the southern hemisphere this winter. The world economy would then be subject to a double whammy of bad news.