John Authers, Columnist

Markets Will Be Directed by the Dollar and China

The greenback and the Asian nation’s economy are good leading indicators. Also, passive investing in Europe, Mexico, and Brexit. 

The dollar looms large over the global markets.

Photographer: Adrian Dennis/AFP/Getty Images

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The rubber band has expanded to its full length and gone twang. Markets are calming down after a classic overshoot capped by the global sell-off in stocks on Christmas Eve. Where to next?