Three Reasons Why Most Of Us Shouldn't Worry About The Global Stock Market Meltdown

Three Reasons Why Most Of Us Shouldn't Worry About The Global Stock Market Meltdown by Jay L Zagorsky, The Conversation

On Monday, the world’s stock markets continued to fall after suffering steep losses the previous week.

The Dow Jones Industrial Average, one of the most widely followed indexes, opened for trading by dropping more than 1,000 points in the first six minutes, or about 6.5%. This thousand-point drop was the largest intraday plunge in the index’s history.

While the market pared some of those losses during the day, the Dow still settled almost 600 points below Friday’s close at the lowest level since October. It also put some markets in what is known as “correction”...