Dear readers, the global stock markets are likely to be selling off this week given the slew of news last week that suggested signs of a possible US economy weakening and interest rates staying at a 23-year high.
Japan’s Nikkei 225 ended 5.8% lower on 1 Aug 2024, which marked the index’s biggest daily decline since Mar 2020. Without a doubt, the US stock indices we
The US stock market is one of the stock markets in the world that stock markets around the world take reference off. Hence, I believe that this week, many stock markets will be selling off in tandem.
Whenever stock markets experience some form of corrections, I will think of what Warren Buffet has said: “Be Fearful when other are Greedy and be Greedy when others are Fearful”. I know that it may sound cliche.