August 24, 2015

Global Markets Tumble on Growth Fears

Peter discusses the global and Asia’s economic outlook on CNN. With slowdowns in major markets like China and Russia, and falling oil prices, is the world facing another recession or did it never truly recover from the 2008 Global Financial Crisis?

Peter thinks China is certainly slowing, maybe more than the government is letting on, making the rationale for the market selloff understandable.

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