US Stock Market Plummets Amid Recession Fears | Vantage with Palki Sharma

US Stock Market Plummets Amid Recession Fears | Vantage with Palki Sharma

The US stock market witnessed a major sell-off on August 2. Investors went on to sell their stocks, especially the tech stocks, as reports suggested a recession in the American economy. The tech-heavy Nasdaq’s index dropped by 2.3%. Intel's layoffs and Amazon's quarterly results further fuelled the selloff. Some broad economic trends indicate a slowdown in the US' manufacturing sector. As a result, there is a slump in job creation. Two of the biggest US stock market indexes—the Dow Jones and S&P 500—fell over a percent. There is a sharp increase in weekly applications for employment benefits, signaling a lack of jobs in the market. The interest rates are also high, leading to investors moving away from the stock markets. They are now gravitating towards treasuries. The recent attacks in West Asia, in which leaders of Hamas and Hezbollah were targeted, could also be a factor behind investors' cautious approach. Palki Sharma tells you more.

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USA | Wall Street | Stock Market | Nasdaq | Dow Jones | S&P 500 | Recession | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#usa #recession #wallstreet #nasdaq #s&p500 #dowjones #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[limaradam]

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

[Marilyn-xmts]

Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.

[Jamesjerome]

Very true, Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

[michaelschiemer]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox?

[benitabussell]

This goes on and I have a 7 figure ballpark goal and I intend spreading across maybe 50k - 150k on plummeting stocks, my question is how can I know when a market bottom has been reached?

[ComfortB-ut]

So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone

[CharlotteJacobsons]

"Man, the US stock market is on a rollercoaster ride! 😅 Here I was, with my $24k emergency fund all ready to dive into investments, and boom – recession fears hit. Talk about timing! Any tips for getting a headstart in this wild market?

[sidinhasol]

Nice video, traders show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. Their dedication to continuous learning is inspiring. I'm especially grateful to Shea Ardolf, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[AstaKristjan]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

[tinsleyLuna]

The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?

[Pickerell]

I'm no longer confident in my investment strategy due to the impending recession. I aim to reallocate my $450K portfolio. What's the most effective strategy to do it right? or should i move it to Europe?

[Herodotus__]

"Recession fears" We are already swimming in the recession.

[Larry-plwq]

As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.

[Sophia-btuh]

It seems certain stocks are undervalued, flying under the radar despite their potential. You can't help but wonder when the market will recognize their true worth. How can I invest $600K wisely to ensure our future security?

[AndersonFair-cybb]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[stanleymartins-os]

Great video. I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. What's your take on copy trading? Do people really make money? Just looking for some reassurance

[Patriciacraig]

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

[Moabi]

😂The US is in recession. Its hilarious that almost all western economies are in recession but western media never talks about it. All they do is claim China's economy is in crisis yet China's economy is growing over 5%. 😂

[MarkBelcher]

ZERO debt. Good emergency fund. 2 homes paid off. WELL over 250k invested over the last decade. Recently added some semiconductor and consumer staple and other misc ETFs such as materials (basically 20%), with individual stocks for growth and dividend, gold as a hedge, as well as starting to put money aside to buy (more of) the dip. It's been a long road to get here ... and by here I mean family man (3 kids with education paid) multi millionaire next door (hopefully by next year at 55 years of age)! I started with nothing but student loan debt. Let compound interest work for you, not against. Get out of debt and stay out of debt!

[jallapavan]

there is already a silent recession already