Monday Aug 05, 2024
Stock Market Bloodbath, Tech Industry Turmoil, and Global Economic Concerns
Investors lose Rs 10 lakh crore on US recession fears, sending shockwaves through the stock market. US futures plunge further ahead of European trading, signaling a potential market correction. Experts warn of a real risk of a US recession, with global markets experiencing intense selling pressure. Stay informed about these economic developments and gain valuable insights into the implications for investors and the broader economy.
Sources:
https://economictimes.indiatimes.com/markets/stocks/news/bloodbath-on-d-street-investors-lose-rs-10-lakh-crore-on-us-recession-fears/articleshow/112276706.cms
https://www.forexlive.com/news/us-futures-plunge-further-ahead-of-european-trading-20240805/
https://www.moneycontrol.com/news/business/markets/recession-risk-yen-carry-trade-geopolitics-experts-12786908.html
https://www.moneycontrol.com/news/business/markets/recession-risk-yen-carry-trade-geopolitics-experts-12786908.html
Outline:
(00:00:00) Introduction
(00:00:43) Bloodbath on D-Street! Investors lose Rs 10 lakh crore on US recession fears
(00:03:23) US futures plunge further ahead of European trading
(00:05:45) Risk of a US recession real, say experts, second half of 2024 unlikely to be as smooth
(00:08:56) Risk of a US recession real, say experts, second half of 2024 unlikely to be as smooth