An ag economist points to China as a primary source of market volatility.
Robert Fox with CoBank says the global economy has been volatile despite little fundamental news.
“What’s driving that volatility I think is this uncertainty with what’s going on in China. They’re the world’s largest ag importer (and) second-largest economy in the world.”
He tells Brownfield there are many questions about China’s economy as the country continues to struggle with COVID, tensions heighten with the West, and the Chinese population shrinks.
