Victory will be with you
August 5, 2024 Grandpa checks in
The black swan has finally arrived! Unexpectedly, this black swan happened in Japan. The Nikkei index fell 12% in a single day. The root cause of the decline was the US dollar. After the Federal Reserve gave the node expectation of interest rate cuts, the US dollar plummeted and the yen soared, which eventually led to the collapse of the Japanese stock market. After all, Japan is still one of the top economies. In line with the trend of the Nikkei, major stock markets such as South Korea have fallen to varying degrees. The most fatal thing is that the US stock index futures have triggered a downward circuit breaker, and the Nasdaq futures fell 5.2%. Tonight is destined to be a bloody night.