I was following the recent stock-market trends in the vaunted economies of Brazil, Russia, India and China. India's SENSEX index (Similar to the DOW for US) is down 45% year-to-date. Indices in the other three countries are also down significantly during the same period.
Are we too globalized and inter-connected in the world? Why should a short-term credit freeze in the US markets affect the stocks and fortunes of practically all the major economies of the world?
Marsh.
Posts
No comments:
Post a Comment