Stock markets across the world have dropped by amounts that will certainly cause a large sell-off when the US opens at 9.30. Analysts blame the Federal Reserve’s announcement about bond purchases and a weak China PMI number.
It is just as likely the drops are based on a maturing concern that major economies are already in a double dip recession which could hobble consumer and business spending for years, and increase unemployment above already high levels.
The DAX is off 3.6%, the FTSE by 4.1%, and the CAC 40 by 4.1%
These sell-offs follow a drop in Asia which took the Hang Seng down by 4.9% and the Nikkei down 2.1%
Douglas A. McIntyre
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.