American Fashion Soldiers Through a Volatile Market — For Now

This week, global stock markets reeled following news of a slowdown in the US job market in July.

On Monday, the Dow Jones Industrial Index as well as the S&P 500, two blue-chip indices, posted their worst daily loss in nearly two years; Japan’s Nikkei 225 tumbled 12 percent — its largest drop since the 1987 Black Monday crash.

By Friday, the fear had more or less subsided and the equity losses had largely recovered, but that didn’t stop…