© 2021 88.9 KETR
ketr-org-header-image-2021.png
Public Radio for Northeast Texas
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
News

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.

Related Content