Reported 2 months ago
The recent turmoil in financial markets has revealed a crucial insight: while US investors are concerned about domestic economic conditions, many of the underlying issues trace back to China's slowing economy. Capital Economics' Neil Shearing highlights how market reactions are disproportionately influenced by the US economic narrative, particularly with significant events like the upcoming Federal Reserve policy meeting and the presidential election on the horizon. This underscores the US's dominant role in shaping global financial sentiment, even as concerns about China’s economic health linger.
Source: YAHOO