First, the Japanese market crashed hard just an hour ago, and now Korea is following suit. Here's what's happening:
Why the Crash?
Japan's Strategy Flopped: Their cash and carry trade went south big time.
Election Worries: Trump's chances are looking slim, shaking up the markets.
Recession Rumors: Whispers of a recession are back.
Big Players Pulling Out: Warren Buffet sold off 50% of his $AAPL holdings.
War Tensions: Iran and Israel are on edge.Crypto Sell-Off: Major player @jump_ is aggressively selling $ETH, offloading $500M worth in the last 2 weeks, and rumors say they're leaving the crypto game.
Don't Panic Just Yet
Why? It's election season. They can't afford to let everything collapse right before voting. Expect some emergency measures. The FED might have to work some serious magic to prevent a total disaster. If they start printing money again, we might see a massive recovery bounce back.
Stay safe, everyone. đâ„ïž
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