Global Impact of the U.S. Economic Recession
- On U.S. Ally Markets: Countries and regions that are more dependent on the U.S., such as Japan, South Korea, and Southeast Asia, may see significant market declines, as U.S. consumption accounts for 30% of global consumption. A U.S. economic recession will lead to a decline in exports from other countries, and global GDP may decrease by approximately 0.1%.
- On European Stocks: A U.S. economic recession is negative for European stocks, which have already started to decline.
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