“China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad day and then we have a bad day.” BigsSeemsEuropeChinaBad Day Author:David Wessel
“At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better, that what happens in China is not going to have that devastating effect on car sales here or how many people buy Apple phones or what happens at - how many people shop at Wal-Mart.” PeopleMayEnoughSeemsHappensEconomyEffectsCarPhonesChinaFallenGet BetterApplesShops Author:David Wessel
“I think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil and there is a lot of supply because the Saudis seem to want to produce a lot of oil, maybe to punish the Iranians and the Russians.” ThinkingWantTwoReasonSeemsProduceOilSaudisOil Price Author:David Wessel