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Stock markets around the world have been posting big losses for the last few days. The
route was especially rough this morning, with the DOW Jones at one point falling 1,000
points in less than an hour. At the heart of the current slide is an issue which could impact
many tech companies: economic weakness in China.
Two weeks ago China’s government made an aggressive move to devalue its
currency.China is the world’s second-largest economy, and the idea that its decades-long
stretch of heady growth is coming to an end was enough to panic already jittery investors.
Jason K Roberts
Financial Strategist and Investment Advising Expert
This is a major story in America right now and will affect us in many ways. Is this a volatile
market? How will this slide affect financials? Will it continue? Will it turnaround?
The LOWE-Down!
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