Share market chaos explained: what’s behind the stock meltdown and will there be a recession?

Share market chaos explained: what’s behind the stock meltdown and will there be a recession?
By: The Guardian Posted On: August 06, 2024 View: 19

Share markets around the world saw huge falls on Monday – with Japan’s Nikkei sinking by 12% – after questions over the health of the US economyFears of a US recession have gripped global markets, triggering a share market rout that prompted investors across Asia, Europe and North America to all unwind their positions – at the same time.The severe plunge has raised questions over whether investors are facing a historic share market crash – similar to the global financial crisis or 1987’s Black Monday – or if it’s simply an overdue pull-back after a stellar period of strong returns. Continue reading...

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