Stock markets adjusting to lower global growth

In a commentary, SMU Adjunct Faculty Joergen Oerstroem Moeller noted the monetary policies of the major economic powers. He noted that in the coming weeks, maybe months, we will see “stock markets adjusting to the realities of future earnings steered by global growth’” He added that it will result in “lower global stock market prices”, and “the correction taking place is in conformity with and engineered by economic realities rather than monetary policy in China”.