Original article by Vesna Poljak, Sarah Turner, Michael Smith, Jacob Greber
The Australian Financial Review – Page: 1 & 29 : 12-Oct-18
The Nasdaq shed more than four per cent on 11 October, as global sentiment toward equities turned bearish. President Donald Trump has linked the global sell-off to the Federal Reserve’s recent decision to increase official interest rates, telling reporters that the central bank is "making a mistake" and it has "gone crazy". Simon Doyle of Schroders says US markets are likely to experience a further big fall, citing factor such as high valuations, rising interest rates and the US-China trade war.
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