It wouldn’t surprise us if investors sat on their hand early this week…as they wait for the Fed…some key tech earnings…and an important inflation report…which all come Wednesday or later this week.
The outsized decline in China’s stock market over the past several months…along with the weakening data from that country…raise more concerns about their growth. A response from the government has been promised if things get worse, but the fact that the world’s second largest economy is slowing is something investors need to keep an eye on going forward.
