Monday, March 10, 2014

World #stocks tumble on weak China, Japan data

Are world stock markets reading to start a major correction? Or will they just crash?

Here's more from Business Week:
Asian stock markets sank Monday, battered by weak Chinese trade and a reduced estimate for Japan's economic growth. European markets were mostly higher. Shares in Malaysia Airlines tumbled on news of the weekend disappearance of one its jets en route to Beijing. Japan's Nikkei 225 closed down 1 percent at 15,120.14 and China's Shanghai Composite plunged 2.9 percent to 1,999.06. Hong Kong's Hang Seng dropped 1.8 percent to 22,264.93. 

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Breaking US Dollar Collapse News

What's Behind the Decline of the US Dollar?

This is one the of the best and simplest explanations we have seen:
The U.S. dollar's downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. - Wall Street Journal, April 23, 2011
Interestingly, the Federal Reserve is responsible for, or an active participant in all three of these factors.