The aftermath of the August 5 Black Monday continues to affect investor activity. Japan’s Nikkei 225 index plunged 13.47%, partly due to a sharp yen strengthening. This decline then spread to Europe and the United States.
The market has reached below multi-week lows in a matter of days, reinforcing concerns about the risk of the US economy slipping into a recession.
Some market experts describe the event as one of the largest market downturns in the past 40 years, hitting many investors.
The upcoming week of 12.08.2024 – 18.08.2024 may trigger new fluctuations. On Wednesday, the US Bureau of Labor Statistics… Read full author’s opinion and review in blog of #LiteFinance
+ There are no comments
Add yours