World Stock Exchanges

It has been often said that when the U.S. sneezes, the rest of the world catches a cold. There was talk that with the growth in the emerging markets in Asia, that Europe and Asia have decoupled from the American business cycle.

The last two days have shown that the world still does fear a U.S. slowdown. With the American stock market closed on Martin Luther King day, the rest of the world had two days brew over recent developments. The results were not pretty.

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