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Unrest in Hong Kong could have very bad consequences for the markets, says Money Morning Chief Investment Strategist Keith Fitz-Gerald, including the U.S. stock market.
Reports of pro-democracy demonstrations in Hong Kong overnight was the primary reason the stock market today was lower this morning (Monday), with the Dow Jones Industrial Average down as much as 170 before recovering somewhat later in the day.
"This has the potential to end very, very badly," Fitz-Gerald said in an appearance on FOX Business' "Varney & Co." today.
In the video below, Fitz-Gerald – an expert on matters in Asia and how they influence the markets – explains to host Stuart Varney how American investors will be affected by what's happening in Hong Kong.
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