The world’s most popular stock market is still a lousy one.
At least for now.
The Dow Jones Industrial Average (DJIA) fell more than 3% in its opening trading session on Wednesday morning.
It was the worst daily loss for a US stock index since October 2001.
It is the biggest monthly loss since May of this year, and the second biggest monthly decline since May 2010.
The US is still an attractive place to invest, with low interest rates, low volatility and a relatively low chance of a government bail-out.
However, the world’s worst stock market for a long time has been China, which was already in crisis when the crisis began.
The Chinese stock market has plunged more than 4% over the last two years, from a record high of 6,879.6 billion yuan ($96.5 billion) in October 2017 to 3,823.4 billion yuan in August 2018.
China’s economy is still slowing, but it has recovered more than half of its losses in just the past three years.
The world is no longer a place where you can just buy stocks and invest money, said Michael Pettis, an economist at Credit Suisse.
The stock market and other financial markets are no longer just about getting rich quick, he said.
The market is about how much risk can you take and whether you’re willing to risk your money.
It’s about whether you can pay the fees and taxes that are levied on those investments.
Investors are being asked to pay more, and they’re paying a higher price.
That’s a big risk for investors, and it’s a risk to the economy, Pettis said.
In fact, China is now one of the top three economies in the world by assets per capita.
Its currency is falling faster than the dollar and its stock market index is up more than 20% in the past year.
It lost $3.5 trillion in the first half of this month, according to data compiled by Bloomberg.
The decline in the Dow Jones Index is the first since March 2021, the day the US stock market began its first major rally.
Investors can now bet on the economy and the world economy, said David Rosenberg, chief market strategist at CMC Markets.
The markets will rebound as the rest of the world recovers, but that recovery will be slower and slower, he added.
“The US market will be a lot less of a rally than it was,” Rosenberg said.
“If you want to be a winner, you need to be the winner, and you need a rally.”
The worst news on Wednesday: China has now fallen back to its lowest annual rate of growth since the 2008 financial crisis.
The country has been in recession since the start of this century, and its economy is slowing.
It has had to rely heavily on debt for much of the past decade.
Its central bank cut interest rates in January to help it boost its economy.
The Bank of China will hold another meeting in early June to discuss the country’s economic growth and the future direction of its policy.