What A Global Market Sell-Off Means For The U.S. Economy (Diane Rehm Show)

The U.S. stock market appears to be heading toward somewhat of a recovery Tuesday, but the sell-off in China continues. On Monday, the U.S. stock market dropped an eye-popping, record-breaking 1,000 points before closing the day 588 points down. The sell-off was connected to the long-term slowing of the Chinese economy, but many say it was the Chinese government’s efforts to correct the problems that triggered the recent very sharp declines in investor confidence. We look at what China’s economic challenges mean the for the U.S. and the global economy.
Interview:
http://thedianerehmshow.org/shows/2015-08-25/what-a-global-market-sell-off-means-for-the-u-s-economy