Until recently, it felt like the greatest of times as the nine-year long bull run galloped on, but given the Dow’s latest 400-point plummet, a key question becomes is the worse yet to come for US equities?
Splits have started to appear in the agreement between Russia and oil cartel OPEC over production curbs aimed at pushing up the price of crude.
Industrial metals prices have made some solid gains this year, and leading the pack are those that have been affected by the changing geopolitical landscape in recent weeks
So the household spending squeeze is starting to ease at last, but not quite in the way that the experts had predicted.
Eurozone inflation has begun to soften while recent data from the bloc suggests that economic activity may have already peaked. Rather than interest rate tightening, expectations are increasing that the ECB will soon unveil a further extension to its quantitative easing programme.