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ARTICLE: Stock Sell-Off in China Hits Wall Street: Dow Tumbles 3.3% in Biggest Loss Since '03, By David Cho and Tomoeh Murakami Tse, Washington Post, February 28, 2007; Page A01
That is a new world when stock sell-offs in China ripple into our markets.
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Comments (2)
Imagine the stock drop on both sides if the USA and China actually started shooting at each other. The old guard looks more irrelevant everyday. This is a "Buy" opportunity.
Posted by Hugh | March 2, 2007 11:16 AM
Hugh,
I completely agree. One thing that I do have to say. Was there ever a day when a dramatic rise or fall in a modern foreign market did not impact the modern American market? I am 27, and cannot remember a time in my life when the world did not seem connected. To me, it seems completely logical that the world markets would be connected.
Posted by Matt R.
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March 2, 2007 6:26 PM