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2025-03-11 08:53:52

flash on Nostr: ⚑️🚨 Panic on Wall Street? The stock market saw a $1.1 trillion collapse of the ...

⚑️🚨 Panic on Wall Street?

The stock market saw a $1.1 trillion collapse of the Nasdaq in a single day!

Investors are fleeing US assets en masse to seek refuge elsewhere in a SPECTACULAR reversal of fortune.

πŸ‘‰ The euro jumps 7% since February
πŸ‘‰ Chinese equities in Hong Kong explode +20% this year
πŸ‘‰ America's "Magnificent Seven" fall 15% while China's 7 tech giants soar +30%

Trump and his Treasury Secretary talk of a "transition period" and "detox" for the US economy, further pushing investors towards the exit.

Economic data confirm the concerns: unemployment on the rise, historic drop in consumer spending in January...

All enough to convince the markets that the Fed will have to resume rate cuts soon.

The financial world reorganizes: Citigroup downgrades US equities and Morgan Stanley favors Southeast Asia.

Germany and its historic defense plan are also attracting capital.

Is this the start of a major collapse or just a correction? πŸ€” #asknostr
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