Is it the bad news out of Europe or those disappointing retail numbers? Maybe it’s just Ebola. Whatever the catalyst, global financial markets were on a roller coaster this week with a deep plunge by the S&P 500 followed by a sharp U-turn thanks to Morgan Stanley’s better-than-expected quarterly earnings. Things look calmer heading into the weekend, but some analysts are questioning whether the new volatility signals a slowdown in global growth.
This week on Money Talking, Joe Nocera and Rana Foroohar look at the multiple international crises worrying traders and discuss some of the challenges facing the European Central Bank. Plus, how the Federal Reserve’s scheduled end to its bond-buying program will impact growth.