Sharing Daily Discoveries About Personal Finance And Business Topics

Stock Market Meltdown

large business and finance

Talk about anarchy. Looks like virtually everyone with investments today was affected. Looking at some of the investments I had it didn’t seem too bad as while I’m not usually too much of a stock guy, I do it for the long term. The worst I had fell by about $1.30 a share. Just look at these charts that they showed on the news which kind of sums everything up:

Apparently this was due to a lot of the Chinese stocks that fell as result of fear that the government would step in and slow down the market since it has been rising so rapidly. The next few days will be interesting to see how many people start selling out of pure emotion.


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