http://dealbook.nytimes.com/2014/01/24/a-worldwide-market-slump-gains-traction/?hpw&rref=business
The growth in developing economies over the last decade is largely dependent on two factors: growth in China, and the Fed's stimulation of the economy. With both of these slowing declining, investors pulled their money out of global markets this past week, and the effects have spilled over into other markets, causing the S&P 500 index to decline by 2.1% on Friday, which was the worst decline since June of 2012. The damage is more severe in places like Argentina and Turkey, who are suffering from political unrest already. However, many economists see this as a necessary "market pullback" that needed to happen in order for the market to correct itself after last year's tremendous gains. The American market indexes are still within a few percentage points from their record highs so there is no need for serious concern as of now. Almost all of the economic data shows that the U.S. is gaining strength on its economic recovery and it is a good time to invest.
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