Over the past 60 days investors around the world have pulled more than $6 billion in investments from worldwide emerging markets. This caused worldwide stock prices to drop by about 10%. Much of this money has been reinvested in U.S. Treasury bonds. U.S. stocks have dropped about 4% so far as a side effect. The drop may continue today.
Online brokerage trading was up over 230% on Monday, overwhelming some computer systems. Customers of some of the largest U.S firms had trouble logging into their accounts and executing trades.
Investment professional expect a quick recovery in U.S. stock prices. Economists are increasingly concerned about long term trends leaning toward devaluation and deflation. Planners emphasize a strategic approach to the news.