Recent stock market sell-off foreshadows a new Great Recession
- Written by Steven Pressman, Professor of Economics, Colorado State University
An ice sculpture titled 'Main Street Meltdown' melts near Wall Street.AP Photo/Frank Franklin II
In early February, concerns about inflation and rising interest rates sent global financial markets into a frenzy, prompting the biggest single-day drop ever in the Dow Jones Industrial Average. Stocks have since recovered some of their losses.
A similar...
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