The Dow Jones industrial average plunged 1,175 points on Monday which was the biggest-ever daily point plunge. San Francisco State University College of Business Assistant Professor of Economics Venoo Kakar was interviewed by the local news station KRON4.
"We've been expecting this. It causes worry among the people and investors. But it's not driven by economic fundamentals and recession is unlikely," says Venoo Kamar. Watch the video snapshot of the interview.