Global Recession Fears Shake Markets.⁉️♨️

Global markets have recently lost $2.9 trillion due to rising concerns of a worldwide recession. Stubborn inflation, reduced consumer spending, and increasing interest rates have heightened market anxieties. The Federal Reserve's interest rate hikes have slowed economic growth, pushing investors towards safer assets. Consequently, recession fears are impacting market prices. The persistent inflation, despite rate hikes, has further fueled these concerns.

Discussions about potential interest rate cuts and the possibility of a recession have increased market volatility, causing some setbacks. Caution in derivative markets and minimizing potential losses are crucial.

In conclusion, global markets are under selling pressure due to escalating recession fears and economic uncertainties. While the duration of these uncertainties is unclear, a cautious approach and portfolio additions during declines could be a strategic approach until early 2025.

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