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Friday, January 08, 2016

Stock Market Troubles

By Douglas V. Gibbs

China's manipulation of the market is being felt.

The Dow Jones Industrial Average fell nearly 400 points Thursday, following Chinese market woes that are designed to cause havoc on the American markets, as well as the rest of the "Free World."

The Nasdaq Composite, which declined 3% on Thursday, is having its worst start since 2000, down 6.4%.

China has dominated the stock market in 2016 thus far. Sharp declines in Chinese stocks have prompted authorities to halt trading on two separate occasions this week, sending ripples throughout global markets.

Investors spent Thursday debating whether the falls in Chinese markets—which haven’t always acted as an accurate proxy for the underling economy—will continue and lead to further losses in global markets.

-- Political Pistachio Conservative News and Commentary

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