The volatile global stock markets are likely to be with us for some time yet as the markets keep a close eye on China
The volatile global stock markets are likely to be with us for some time yet as the markets keep a close eye on China. Analysts warn that yesterday’s rally was likely to have been bargain hunting rather than a sign that normality has returned. However the turmoil may not be as fierce as it has been this week. Billionaire investor Wilbur Ross told CNBC’s Squawk Box: "I don't think it's going to have a very serious downward direction from here” but went on to say that there will be continued volatility. Meanwhile Yale economist Robert Shiller told FOX News that people are concerned about their futures and said the bumpiness in the markets “isn’t over yet.”
