HomeRadio GuestsBlack Monday: August Stock Slide Continues

Black Monday: August Stock Slide Continues

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By jiggy
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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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