Looks like a good week for the DJIA! lol. just kidding.

So what happened? It may surprise you to learn that a lot of financial markets in the United States are also affected by markets in other countries. In this case, China’s economic down spiral has been making many investors nervous. Last week, China said that its manufacturing activity, which is important for any country’s growth, was at it’s lowest point in six years.

Basically, China is experiencing a slight pop in their economic bubble. The same way we have industry bubbles in the Unites States (real estate, banking, the “dot-com” crash of the late 90’s), China has had the second largest economy in the world for the last two decades and it has used that power to be a major power-player by buying many raw materials like metals and oil from other countries.

Will the market recover on Monday? Let’s hope so! It’s hard to imagine a complete utter crash as the United States has fail safes in place to protect itself from international economics.