Global stocks routed as inflation fears dominate

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Investors around the world are increasingly worried that the wave of pandemic stimulus spending could cause economic growth to accelerate — and prices to spike

Hong Kong / London Global stocks tumbled Friday as a sharp bond selloff encouraged investors to dump riskier assets.

Asian markets followed US stocks lower. Japan's Nikkei 225 tumbled 4%, while Hong Kong's Hang Seng Index closed down 3.6% — that index's worst day in nine months. South Korea's Kospi dropped 2.8%, while China's Shanghai Composite Index lost 2.1%.European stocks also dropped sharply in early trading. The FTSE 100 shed 0.8% in London, while Germany's DAX and France's CAC 40 declined by more than 1%.US stock futures were little changed following heavy losses on Thursday.

 

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Oh, yes. And stock investors are so well known for their ability to predict the future. 🙄

Oh no, the poors have too much disposable income now!

Nope!

. corpo overlords must be getting nervous. Hey jaketapper any thoughts? You went from decent journo to gas lighting for Republicans so I figure you have insight.

Here we go again with the fear monger. Anything to not help people in need.

What are they worried about: the economic growth or the prices spike?

Lise sınavları iptal olsun

It's boring to sit at home alone, looking for someone to spend time with

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