A Perfect Storm Is Coming To The Market | TOP 10 STOCKS
August 21, 2023
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17:45Now PlayingA Perfect Storm Is Coming To The Market | TOP 10 STOCKS
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as posted by the channelA ‘perfect storm’ battering markets. Surging global bond yields, a slumping Chinese economy amid a worsening property sector crisis, the possibility of higher interest rates in the U.S. — those factors combined to create “the perfect storm” that battered stock markets last week, analysts say. It wasn’t just U.S. markets that fell — Hong Kong’s Hang Seng Index closed in bear market territory Friday.
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