#MarketDownturn Don't Panic!
The recent market drop is due to several factors:
đŠ1. **Middle East Conflict:** Israel's attack on Iran, which killed a key Iranian leader, has raised tensions. Iran has promised retaliation, which has contributed to the market decline.
đŠ2. **Japanese Stock Market:** Japan's government raised interest rates from 0% to 0.25% for the first time in 30 years. This has unsettled financial markets and investors.
đŠ3. **Protests in Bangladesh and the UK:** Bangladesh is experiencing major protests against Prime Minister Sheikh Hasina Wajid. In the UK, a terrorist incident has also led to protests, affecting the market slightly.
đŠ4. **US Market Downtrend:** The US stock market, especially Nasdaq, is falling. Elon Musk, the richest person in the world, reported a $2.7 billion loss last week.
đ„**How to Handle the Downturn:**
Stay calm and patient. If you have extra funds, consider investing them, or hold onto your current investments. The market is likely to recover within a week. Keep an eye out for updates.