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In this episode, we got to sit down and discuss about how the global economy is in a recession, with Nasdaq leading the decline with over 30% drawdown after reaching its peak late last year. High inflation has been the main contributor to the selling pressure, and the FEDS are trying to step in to control it by aggressively pumping up the interest rates. In the video, we break it all down. Enjoy.
In this episode, we got to sit down and discuss about how the global economy is in a recession, with Nasdaq leading the decline with over 30% drawdown after reaching its peak late last year. High inflation has been the main contributor to the selling pressure, and the FEDS are trying to step in to control it by aggressively pumping up the interest rates. In the video, we break it all down. Enjoy.