FIRST AIRED: May 23, 2017

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00:00:00
shock waves from China once again rocking stock markets around the world Thursday losses were so deep in China their trading was halted less than thirty minutes after the session began the second nationwide trading halt this week adding to worries a major engine of global trade is slowing down I'm coming into New York to wallstreet swamped isn't deep and wide authorities out of China making a statement in the New York training session that they plan to scrap training hall they believe has added to investor panic in recent days on that may suit some concerns about the flag and Chinese markets and the impact that could have on the global economy it does nothing to address something else plaguing investor sentiment the relentless slide in oil prices crude oil troubling even further Thursday to a twelve year low below thirty three dollars a barrel and traders fear that drop suggest another global recession maybe coming all the chaos leading some to wonder if something worse is in the works billionaire investor George Soros telling it economic conference that is starting to feel a lot like the financial crisis of two thousand eight or the four days this new year the stock market is trading like yours