Donal O’Donovan: Stocks are plunging across the globe. Is this a sign the world economy is in trouble?
There is no single reason why the markets currently have a case of the jitters. But that’s not a reason for complacency
A pedestrian walks past monitors displaying the Nikkei 225 Stock Average figure outside a securities firm in Tokyo, Japan. Photo: Getty
Is the world economy in trouble?
Stock markets across the globe have taken an unmerciful battering in recent days, sparked by a number of overlapping fears. They include concerns that weak US jobs data is a signal of looming recession, fears that investors have overpaid for overhyped AI stocks, the very real risk of escalating conflict in the Middle East, and a painful if slightly obscure end of the so called ‘Yen carry trade’.
We’ve summarized this news for a quick read. If you’re interested, you can read the full article here:
If you find this site helpful, share it with your friends!