We had another rough day in the U.S. stock market yesterday, so it looks like Monday’s bounce was just a one-day wonder. The tech stocks still seem very vulnerable…and the renewed drop in the bank stocks is raising more concerns as well.
Why are so many people wondering if the problems in China will become a contagion. The developments of the past two weeks are already telling us that it IS becoming one. It might not become a major contagion, but the problems are DEFINITELY spreading.
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