Markets are a mess, but don't blame China: Pro
August 29, 2015 at 17:00 PM EDT
This week, stock markets put investors on a stomach-churning roller-coaster ride. While uncertainty over China's economy has been widely cited as a catalyst behind the whipsaw action, one market strategist says the underlying problems in the U.S. are actually much deeper. That, he predicts, will make it difficult to climb back to record highs by the end of this year. "This is not just a China ...