flash on Nostr: β‘οΈπ¨ Panic on Wall Street? The stock market saw a $1.1 trillion collapse of the ...
β‘οΈπ¨ Panic on Wall Street?
The stock market saw a $1.1 trillion collapse of the Nasdaq in a single day!
Investors are fleeing US assets en masse to seek refuge elsewhere in a SPECTACULAR reversal of fortune.
π The euro jumps 7% since February
π Chinese equities in Hong Kong explode +20% this year
π America's "Magnificent Seven" fall 15% while China's 7 tech giants soar +30%
Trump and his Treasury Secretary talk of a "transition period" and "detox" for the US economy, further pushing investors towards the exit.
Economic data confirm the concerns: unemployment on the rise, historic drop in consumer spending in January...
All enough to convince the markets that the Fed will have to resume rate cuts soon.
The financial world reorganizes: Citigroup downgrades US equities and Morgan Stanley favors Southeast Asia.
Germany and its historic defense plan are also attracting capital.
Is this the start of a major collapse or just a correction? π€ #asknostr
Published at
2025-03-11 08:53:52Event JSON
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"content": "β‘οΈπ¨ Panic on Wall Street? \n\nThe stock market saw a $1.1 trillion collapse of the Nasdaq in a single day! \n\nInvestors are fleeing US assets en masse to seek refuge elsewhere in a SPECTACULAR reversal of fortune.\n\nπ The euro jumps 7% since February\nπ Chinese equities in Hong Kong explode +20% this year\nπ America's \"Magnificent Seven\" fall 15% while China's 7 tech giants soar +30%\n\nTrump and his Treasury Secretary talk of a \"transition period\" and \"detox\" for the US economy, further pushing investors towards the exit.\n\nEconomic data confirm the concerns: unemployment on the rise, historic drop in consumer spending in January... \n\nAll enough to convince the markets that the Fed will have to resume rate cuts soon.\n\nThe financial world reorganizes: Citigroup downgrades US equities and Morgan Stanley favors Southeast Asia. \n\nGermany and its historic defense plan are also attracting capital.\n\nIs this the start of a major collapse or just a correction? π€ #asknostr\nhttps://m.primal.net/PbpT.png",
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