The Reason For The Stock Market Correction

Whenever there is an overdue stock market correction people always look for a reason. I can give you some reasons: the main reason is that it has gone up too long, too far, too fast but interest rates are also going higher and there are problems in Washington with the government. There are many reasons. But essentially it is because it went up without a correction and now we are having one.

Related trading instruments: 

• SPDR S&P 500 ETF Trust (SPY)
• Russell 2000 Index ETF (IWM)
• SPDR Dow Jones Industrial Average ETF (DIA)
• iShares MSCI Emerging Markets Index ETF (EEM)

The Stock Market Sell-Off Explained

Stock markets around the world have been going up a lot in the last few years and in the U.S. for instance the stock market has not had a big correction for a long, long time. It's very unnusual what happened in the U.S. stock market, it was overdue for a rout and now we are having one.

Related trading instruments: 

• SPDR Dow Jones Industrial Average ETF (DIA)
• SPDR S&P 500 ETF Trust (SPY)
• Russell 2000 Index ETF (IWM)

Views on the Stock Market Sell-Off

Jim Rogers explains the stock market sell-off on Bloomberg Asia.

India Should Finally Open Up Their Economy

I'm looking for I would expect a three and a half of 4 percent deficit more this year I don't know if they'll announce that they'll probably announce 3 percent because they always make it sound better than it is so the deficits going to get bigger thinks it would make me happy would be opening up the Indian economy finally but they're not gonna do that and they're not gonna listen to me. (WisdomTree India Earnings Fund ETF (EPI))

India: The Debt Will Go Higher

As you know there's an election next year and like every election everywhere in the world throughout history everybody is going to get a little present. The debt will go higher the budget will not be balanced. They may say they're going to balance the budget but it's going to get worse. (WisdomTree India Earnings Fund ETF (EPI))