Asian Markets Take a Thrashing
It's the gift that keeps on giving. Back in late February, a near-10% decline in Chinese stock markets whipped up a miasma of selling that spread to Wall Street, Europe, and other parts of Asia. That was followed by a stretch of relatively stable markets globally—that stretch has ended. As evidence gathers that U.S. growth could be crimped by default worries in the subprime mortgage market, some serious wealth is getting vaporized again.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- One of the World’s Hottest Stocks Is Now Tumbling
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- Nordea's Bitcoin Ban Leaves Financial Regulator Taking Back Seat