January Market Turmoil May Hurt U.S. Economy
Big banks’ health is Europe’s big financial concern once again. Many European banking institutions failed to cope when oil prices plummet seriously. So the stock exchange markets in EU do not tend to grow. There is a growing discontent among those banks investors. Many of them fear the worst – banks mass defaults of obligations. The price to insure Deutsche Bank’s (DB) debts has increased almost twice over the past…