Tying American Stocks to the Rest of the World

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Tying American Stocks to the Rest of the World
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A story of recoupling stock prices after the 2017-18 boom and bust makes sense, but shouldn’t be taken too far, writes jmackin2

 

jmackin2 On Thursday, January 3, Apple shares fell 9.6 percent on the New York Stock Exchange, Boomberg reported. This is the biggest fall in a single trading day in the last three years. At the moment, they have risen slightly - to minus 8.3 percent.

jmackin2 Samsung predicted a drop in profits of 29% in the IV quarter. The company's forecast was more than 18% worse than experts' expectations.

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