U.S. Stocks Plunge on Concerns Over Global Growth

The video discusses the Federal Reserve's concerns about the economic slowdown in Europe and its potential impact on the US economy, leading to lower interest rates. It highlights the poor German export data and Mario Draghi's comments on European growth. The debate over quantitative easing and austerity in Europe is also covered. The video then shifts to the fixed income market, noting a sell-off in junk bonds and the implications of a slowing economy. Finally, it touches on the upcoming earnings season, the strengthening dollar, and its effects on overseas earnings, particularly in the energy sector.

What trends are being observed in the junk bond market?

What impact is the strengthening dollar having on earnings overseas?