Macro Dream Team: Lyn Alden, Danielle DiMartino Booth, Stephany Pomboy and Ivy Zelman
Wealthion - Be Financially Resilient
00:00
The Economic Drag From a Material Correction in the Stock Market
A correction in the stock market would be far more impactful on the economy. The degree to which corporate balance sheets are really stretched is underestimated. China's credit bubble will continue to deflate and that will reverberate through the global credit system. And then, of course, these go political a conflagrations don't help matters.
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