This time, you can’t blame the dollar or oil prices.
Worst Plunge in Retail Sales since 2008 as Inflation Whacks Consumers.
The fear of “currency instability.”
“Investment and hiring intentions at lowest since 2009”: Bank of Canada
The Fed speaks, markets come unglued.
All-out currency war. Clear winners: rich Chinese who buy homes in Canada.
The oil price collapse is bad, but this is worse.