Stock Market Slide Cause For 'Serious Concern,' Not Panic, Former Treasury Secretary Says

Monday saw the worst point drop in the history of the Dow Jones industrial average — 1,175 points.
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 6, 2018. Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years. (Ahn Young-joon/AP)

Former Treasury Secretary Larry Summers says he’s concerned about the stock market slide in recent days, but that it doesn’t have much to do with the recent tax cuts, and that things could easily swing back up soon.

Summers (), president emeritus of Harvard University, joins ‘s Jeremy Hobson from Hong

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