Slew of Bad Economic Data Upsets Markets

Federal Reserve and the European Central Bank had good reasons to reassure markets with their recent monetary easing programs.
Slew of Bad Economic Data Upsets Markets
A machinist uses an industrial saw to cut steel at a workshop Shanghai last month. Peter Parks/AFP/GettyImages
Valentin Schmid
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Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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