Shaky Stocks And A Global Correction (Tom Ashbrook, On Point)

Black Monday, they called it in China. And it looked pretty bad in New York too, as the Dow skid 1000 points – biggest drop ever – in opening trading. So now what? For Tuesday, Wednesday, Thursday, Friday and beyond? Global stock markets have been in a panic. Buyers are looking for a way back in, but nobody wants to catch a falling knife. The soothers say fundamentals are good. Are they? And the US, now seen as maybe the island of stability. Really? This hour On Point: the message in the global markets, on China, the US, and the whole world economy.
Interview:
https://onpoint.wbur.org/2015/08/25/global-stock-market-correction-black-monday