The economy in one (more) episode
The New Bazaar
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The Stock Market Is Down 20 % This Year
We're going to focus mainly on us Markets, but i should note that what's happening in the us Is being mirrored right now in other parts of the world as well. Equity market is down about 20 % this year, maybe slightly less where we're recording this on monday, may 20, third. So by the time people hear it a few days later, it's possible that they've either rebounded or even gone down a little bit more. And my question is just this, why does this matter in eco nic terms?
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