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New York
CNN
—
Sometimes, markets tumble because of a big, unambiguous event, like a pandemic or a war or an economic slowdown. Sometimes, they fall because of less visible forces, like high-level financial shenanigans designed to generate profits out of thin air.
This week, markets have been grappling with both.
The selloff on Wall Street began last week with some fundamental concerns: Tech earnings were disappointing, and there were red flags in the US labor market that could indicate…
