Global stock markets plunge over fears of US slowdown | BBC News

Major Wall Street indexes have tumbled as fears of a US economic recession grow.

The drop comes amid a global market selloff, including in Europe and Asia.

Weaker-than-expected economic data from the US, including a jobs report on Friday, has fuelled speculation that the world's largest economy is slowing.

Elsewhere, Japan's market plummeted to its biggest fall by points in history and in London, the FTSE 100 index fell by 2.8%.

#StockMarket #Business #WallStreet

[WestonScally]

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 lost 20% already.

[Windarti]

There are many other interesting business and stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire..

[AstaKristjan]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[Redwood]

Truth is that the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?

[_Pence]

You print the money. Stock buy backs. Over-inflate. Pop the bubble. Blame the poor

[BrewerVera]

More money are lost making some mistakes in market crash like: rushing to buy stocks, having a get rich quick mindset, micromanaging your portfolio.

[Marcho]

It’s called a recession. Better you admit it now than later

[saskagopher]

Does this mean I cannot afford to have my baloney sandwich for supper?

[emersonstagnitta]

Probably time to own a few because they'll eventually come right up. Between S&P 500 and individual stocks, which has more potential short term say 1 or 2 years?

[Native_soul]

Warren Buffet got richer meanwhile poor middle class plunged down even further 😂

[THEFALLGUY.]

This is just the rich get richer the poor get poorer

[lewiscooper]

Hello, I wish to start investing but I don't know where to begin. Any advice or contact for help?

[thebluesman]

There's nothing new here under the sun. Every 10 years, a new generation is ripe for exploitation. It's the same old song and dance: Pump & Dump!

[FrankPatrick-nozo]

How do i make money from the market crash? i want to redistribute around $200K stocks in my portfolio. what strategy should I use to maximize gains rn.

[AA.AA.]

Next is the housing market. Prepare for the crush or sell it now.

[Ericmanzur]

Hallelujah The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49, 000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11, 000 and got my payout of $290, 500 every month…God bless Mrs Susan Jane Christy ❤️

[diamondring]

Good thing i dont understand a thing about global stock markets😂

[Aryandadve]

Thank you for your honesty and transparency. It's refreshing to see someone acknowledging the harsh reality of rising prices, which are leaving many of us feeling battered and bruised.While I'm grateful to be in a position to absorb these costs, my heart goes out to those who are struggling to make ends meet and can't afford their basic necessities. made $38k from my little invested $11k regardless of how bad it gets on the economy.

[Tehui]

As we all saw in 2020, the stock market will eventually go back up. Best to hold on to any stocks you own and play the long-game.

[JessicaSmith-xzzo]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Colleen O'Brien