http://www.usatoday.com/story/money/markets/2016/01/06/china-stocks/78390650/
The turmoil rocking global markets in the new year looked likely to continue Thursday, after trading in China was halted today following another huge stock plunge.
The halt was the second this week for China's stock market as worries continued over its economy -- the second biggest behind the U.S. -- and North Korea's reported hydrogen bomb test.
Chinese stock exchanges closed early Thursday after the CSI 300 Index dropped more than 7%. The slide came after China's central bank lowered the yuan's daily reference rate by the most since last summer.The news out of North Korea rattled investors around the globe. The latest geopolitical flare-up in an increasingly volatile world prompted investors to sell stocks and reduce risk.
"We are just three days into the year and already global event risk is dominating the financial market landscape everywhere," David Rosenberg, chief economist and stratetist at Gluskin Sheff said in a research note.
Will 2016 be the year where the world economy collapses? Will we have digital currency by year's end? What about a new reserve currency?
ONLY TIME WILL TELL...