During his "My Take," Monday, "Varney & Co." host Stuart Varney analyzed the intensifying stock market selloff as fears of slowing U.S. growth rattle financial markets around the world.
It’s a market selloff, and here's what's behind it. First, an economic slowdown that points to recession. The housing market is in deep trouble. WALL STREET'S FEAR GAUGE SPIKES TO HIGHEST LEVEL SINCE 2020 AS GLOBAL TURMOIL DEEPENS The consumer looks to be tapped out. Friday's very weak jobs report convinced investors that the slowdown is real.
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