Economic jitters - what to do about them now
On monday, the S&P 500 index of U.S. stocks fell almost 3%. Since July 29, it has dropped almost 6%. Over that time, European and Japanese stock markets went down by similar amounts. The Canadian market also fell, though by a bit less. The main reason for the poor performance over the last week or so is fear that the global economy is heading south. Among other things, there is worry that trade disputes, especially the one between the U.S. and China, could trigger a recession