U.S. stock markets have experienced another brutal week. Inflation fear and soaring bond yields are some of the concerns that are trying to burst the higher stock valuation bubble. The Dow Jones Industrial Average, among two other stock indices—the S&P 500 and the Nasdaq Composite—is the only index holding on to its yearly gains. The fear is that we could see an even more intense sell-off that could crash the stock market.
The Nasdaq Composite index is facing a brutal sell-off this year, and it is down nearly -3% YTD. The index is firmly in the correction territory as it has dropped over 10% from its all-time high of 13,879—formed on April 16 this year. The fundamental factors that are causing the stock market to tank are fear of higher inflation and tech stock valuation. The reason is that dovish monetary policy and stimulus support are aiding the economic recovery process.
Traders believe that the Fed will increase the interest rate, which could hurt the economic growth as economic recovery is still fragile. Simultaneously, some speculators also hold the view that inflation is getting out of control, and soon it will pass the Fed’s comfort level. This could prompt the Fed to take appropriate action, which could include tapering the asset purchase program.
In turds or in crypto, a name crashing 90% doesn't even raise eyebrows.
IT depends on how many people pose such questions
Not until rates go higher or if the govt shuts down businesses again.
Yes so take your money out of it now while you have some left.
I think we'll see some consolidation starting monday next week, but the US stimulus will kick in the next one after and surge up again. Sure, downward corrections will happen, but I'd be surprised if there was a recession. Actual crashes are exceedingly difficult to trigger.
If people are talking about it crashing soon, it isn’t crashing soon.
Maybe a little so the plebes beg for intervention from Fed giving them cover to print and buy bonds which floods system with paper fiat which will get into hands of wealthy who then buy assets. The Fed is the major cause of wealth inequity.
Probably, then the us gov will bail them out as usual.
The answer is yes
Might tank 25%. Big deal.
hereyago
More then what is crashing now 💀😂 FK crash it baby let depression run the streets and make more money for institutions and hedge funds
horrible
Maybe