Yikes --futures traders have prices plunging for just about everything today w/ metals leading the fall and stocks right behind! Yahoo & Google say it's China's fault though it might also be the quarter-end window dressing. Today's only major report is Existing Home Sales. Morning reading:
- Millennials Build Internet-Enabled Sharing Economy - Gary Shapiro, IBD
- World stock markets slip on China growth jitters Stock markets fell Monday ahead of a preliminary manufacturing survey from China that might show renewed weakness in the world's second-largest economy.
- US Investors Are Loaded Up With Stocks - Yahoo Finance
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Gold crashes and is now tarnished for good Gold shined brightly at the beginning of 2014, with bullion prices jumping by about 13% from New Year’s Day until mid-March. Last week, the precious metal settled near lows not seen since Christmas 2013. MarketWatch
- 'Great Rotation' Into Stocks Runs Its Course Investors have been putting money back into bond funds as interest rates have unexpectedly dropped this year. Morningstar
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5 expenses you don’t plan for, but should A survey released Monday by American Express that nearly half (47%) of all Americans experienced unforeseen expenses in the past year — many of which they easily could have planned for. More than four in 10 Americans got hit with car-related and health-care expenses they didn’t expect, and roughly… MarketWatch