
Some of the key evidence for the “this is about more than China” story comes from other emerging markets, stretching from Malaysia to Mexico, that are also taking it on the chin. Other Emerging Markets Are Getting Hammered Supply Chain’s Role : A key factor in rising inflation is the continuing turmoil in the global supply chain.What’s to Blame : Did the stimulus cause prices to rise? Or did pandemic lockdowns and shortages lead to inflation? A debate is heating up in Washington.Your Questions, Answered : We asked readers to send questions about inflation.Inflation 101: What is inflation, why is it up and whom does it hurt? Our guide explains it all.
#Markets in turmoil how to#
Here’s how to make sense of what is a truly global story, stretching from the streets of Shanghai, where stock investing has become a middle-class sport in recent years, to the oil fields of both the Middle East and Middle America, to the hallways of power in the Federal Reserve in Washington. What’s fascinating is that there is no clear, simple story about what is different about the outlook now for interest rates, for United States and European corporate profits or for economic growth compared with one week ago, when the S.&P. Price fell for oil and other commodities, and money rushed into the safety of United States Treasury bonds. In the United States, the broad Standard & Poor’s 500-stock index was down 3.9 percent by Monday’s close after a volatile trading day, after steeper declines in Asian and European stock markets. Now it’s starting to get scary for everyone.Īn 8.5 percent drop in the Shanghai Composite index in Monday’s trading session spread to financial markets across the world. Last week, global financial markets were churning, but it really only mattered if you were an oil trader, a Chinese bureaucrat or a hedge fund manager.
