The National on Nostr: A Closer Look: Market mayhem ========== Global financial markets plunged on Monday ...
A Closer Look: Market mayhem
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Global financial markets plunged on Monday after poor economic data from the US raised concerns of a recessionary hard landing for the American economy; The VIX, also known as 'the fear gauge', rose to the highest level since March 2020; Many accused the Federal Reserve of leaving it too late to cut interest rates to support the US economy; Host Greg Tanner speaks to The National's Salim Essaid about whether the fears are overblown; Experts say US recession fears are overblown; The article discusses the white-knuckle ride of global stocks and what comes next; The article includes a video on global financial markets in turmoil amid fears the Fed is behind the curve
https://www.thenationalnews.com/news/uae/2024/08/08/a-closer-look-market-mayhem/
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Global financial markets plunged on Monday after poor economic data from the US raised concerns of a recessionary hard landing for the American economy; The VIX, also known as 'the fear gauge', rose to the highest level since March 2020; Many accused the Federal Reserve of leaving it too late to cut interest rates to support the US economy; Host Greg Tanner speaks to The National's Salim Essaid about whether the fears are overblown; Experts say US recession fears are overblown; The article discusses the white-knuckle ride of global stocks and what comes next; The article includes a video on global financial markets in turmoil amid fears the Fed is behind the curve
https://www.thenationalnews.com/news/uae/2024/08/08/a-closer-look-market-mayhem/