Pre-mature fear?
In the span of 3 weeks, more than US$6.4 trillion has been wiped out from global stock markets.
Just yesterday, S&P500 and Nasdaq fell close to 3% each - which is a very rare scene.
Many are calling for Fed to do an emergency rate cut, but this kind of intervention is usually reserved for a crisis.
Are the fear for recession too pre-matured?
Do you think yesterday’s sell off was just a false alarm?
Just yesterday, S&P500 and Nasdaq fell close to 3% each - which is a very rare scene.
Many are calling for Fed to do an emergency rate cut, but this kind of intervention is usually reserved for a crisis.
Are the fear for recession too pre-matured?
Do you think yesterday’s sell off was just a false alarm?
From YouTube
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
JonSnow : Is not wiped out, it is in someone else's pocket