Goldman Sachs - The possibility of the US economy entering a recession increases
Early this morning, economists from Goldman Sachs increased the possibility of the US economy entering a recession next year (2025) to 25%
=> The panic-sell effect is taking place in developed economies
Japanese stocks had a disastrous trading session that went down in history when it crashed deeper than the "Black Monday" event in 1987
Korean stocks also plunged in this morning's trading session -> The rate of investors cutting losses skyrocketed by more than 10%
I wonder what will happen this afternoon & evening, when the European & US trading sessions begin😢