FLASH
Shkruar nga Pamfleti
The world has woken up to the fear of a recession in the economy, a feeling not repeated since the global crisis of 2008.
A few hours ago, Wall Street's most widely followed gauge of investor anxiety posted its biggest intraday jump ever, amid fears the US could slip into recession.
Many firms in America are facing technical problems in the midst of this stock sale.
Two of the main factors for the shock of the global stock markets, the monthly US employment report that showed that the unemployment rate had increased and the financial reports of technology giants such as Apple, Meta, Nvidia and Alphabet, where investors saw clearly that all the enthusiasm for the integration of artificial intelligence in their products had not brought the expected income.
Thus the shock waves of the stock exchanges started from the NASDAQ exchange dependent on technology, to continue with the Wall Street financial exchange and then hitting the Asian markets, mainly Japan, which also suffered a strengthening of the national currency Yen against the Dollar. In European stock markets, the effects of the shock have been felt less, according to the BBC, but fears remain high.
A slowdown in the US economy means weaker global demand, given the fact that 1 out of 7 euros spent in global trade is made in the US.
Experts say that the main culprit for the fall of the stock markets remains the Central Bank of America, which seems to have not done the calculations well by keeping interest rates high. The reason is to fight inflation, but now the economy has been hit more than it should be and recession is not far off according to analysts.
The technology giant Intel announced 15,000 layoffs a few days ago, while Nvidia, which became the company with the highest market value in two years, postponed the introduction of its new chips.
Now disillusioned and panicked investors are massively selling shares in major technology companies, which started after the most famous American investor Warren Buffett announced two days ago that he had sold half of the value of the shares he held in Apple.
The most affected by this are the Asian markets without exception, which had placed big bets on American technology companies, while in Japan the main stock market fell by 12%, the biggest since 2008. / Taken from "BBC" , adapted "Pamphlet"
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