US stock futures tumbled Monday as the global stock selloff deepened, driven by concerns that the Federal Reserve is moving too late to support a slowing economy.indexes both plunged over 12%. Taiwan’s benchmark had its worst day on record, while a broader gauge of Asian shares experienced its steepest decline in over four years. The yen surged more than 2.7% against the dollar.
"Indeed, a case could be made for an inter-meeting easing, especially if the data soften further—although Fed officials might worry about how such a move could be interpreted.": “The real question for equity investors is whether companies can deliver on what is now priced—i.e., accelerating growth in earnings with multiple years of expansion ahead.
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