The Heat: Global Market Turmoil
Weak jobs numbers and recent speculation about a U.S. recession contributed to warnings that this year’s stock rally may have gone too far. From New York to London and Tokyo, equities were hit hard. Wall Street’s “fear gauge” dropped from 65 on Monday to about 28 on Wednesday, indicating that investor’s fears were easing. What’s behind the instability in global financial markets? #heat #financialmarkets #stockmarket Joining the discussion: John Gong is a Professor at the University of International Business and Economics. Remi Piet is the Co-founder of the international consulting firm, Embellie Advisory. John Quelch is Executive Vice Chancellor at Duke Kunshan University. Anthony Chan served as Chief Economist for JP Morgan Chase. Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @newstoks This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.