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Stock Market Nosedive Part Of Global Economic Decline

Wayne Silver Flickr Creative Commons
Wayne Silver Flickr Creative Commons

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the stock market plunge last week is not only tied to a slowdown in China's economy, but a worldwide economic slowdown.  He says that's also bringing down demand for oil, which is causing further declines in oil prices.  Dale says he's optimistic about the long-term prospects for stocks, but we may continue to see trouble in the short term.

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