Signs of Stagflation and Travel Industry Troubles Sink Stocks
The NASDAQ reached a new all-time high yesterday but the party didn’t last long as stocks around the world have been selling off overnight. Asia Pacific trading saw Hong Kong drop 1.8%, Seoul lose 1.6%, Tokyo tumble 0.8% and Sydney slide 1.3%. In Europe this morning, Paris is down 1.2%, Frankfurt has fallen 0.8% and […]