1. Stock market
So is that it? Is the summer stock market panic over? After a 12 per cent fall in the Nikkei 225 index on Monday, its biggest one day fall since Black Monday in 1987, there was feverish talk of a full blown global market meltdown. Yet by the end of the week, the Nikkei had recovered half of its losses while the S&P500 index of leading US shares ended up 3.5 per cent higher than where it had started.
What happens to the market from here doesn’t just matter for investors. It is a political issue too. Donald Trump was quick to jump on the sell-of…
