Financial markets around the globe falling. Here's what to know about how we got here

Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world’s biggest technology companies. They’ve turned a relatively calm year in markets on its head.

Let's hope central banks and Treasury departments are ready to swoop in to help out the whales in this little pinch so they are ready to consolidate and acquire the assets of the small investors that go under.

As real standards of living stagnate for the majority of workers.

That's how financial markets work.

The financial market shows the reality ... not the woke llleeeft media......... Here is the deep rooted reason

Harris secures enough Democratic delegate votes to be party's nominee

The world market is crushing

watch how the billionaires look at this situation

https://www.youtube.com/shorts/j-m_-hsFfLo

watch how the billionaires look at this situation

Which billionaires?

In general, the stockmarket is a casino that does not track real world value. Money is made from rises and falls, it has to fall so it can rise again and it has to rise so it can fall again. It is the essence of fakenomics.

Instead of investing in stocks (making money without work), perhaps rich folks should try working to make money, and maybe doing something socially beneficial with some of their enormous cash stashes.

Big tech is being progressively taken down by governments (TikTok and now Google are first on the chopping block), so expect damage in that sector looking ahead. Tech has underpinned global economic growth for three decades. The knock on effect of the political takedown of tech on the global economy, combined with a new cold war breaking supply chains and war spreading in the Middle East, will be destructive, widespread and long term. Western-facing nations are cannibalising their own economies for ideological reasons. BRICS economies and the Global South in general will benefit, re-orientating themselves away from tribalising Western markets.

Japan usually ducks most of this, if the US lets it. But expect Europe and North America to see a degree of the damage that Brexit did to the UK. Don't expect things to get better in the short, medium or long term.

That main photo sums it all, awesome SHOT.

""The Nikkei suffered its worst two-day decline ever, dropping 18.2% on Friday and Monday combined. One catalyst for the outsized move has been an interest rate hike by the Bank of Japan last week.""

The BOJ couldn't choose a much worse time to raise rate, almost like shooting in the dark.

jpy is going down abt now 145jpy for usd lets see how it will go.

Periodic downturns, or corrections, are actually healthy in the long run for financial markets, otherwise prices would rise to bubble territory. US stocks had been overbought this year. Time for a shakeout. And we in Japan will probably be ending up with a stronger yen as a result of all this.

Good riddance to the carry trade. Let’s get back to fundamentals.

Nothing to panic about. Stock markets don't move in straight lines.

So the rising inflation, poor jobs report, rising unemployment and selection of the Democrat nominee with zero votes led to the Kamala crash, who is responsible for that?

Do you have any links to any non-far right extremist news organizations reporting this as being Kamala's fault?

The FED is (thankfully) independent of the executive. The Fed waited too long to lower rates. It might clean that up with an emergency meeting.

The BOJ did the right thing at a bad time.

And nobody told every hedge fund manager to dump shiploads of capital into pie in the sky AI ventures.

In other words, this isn’t the result of bad policy no matter how much Trump supporters scream and wail (Understandably. They’ve got nothing else but racism).

The less than expected jobs report last week is a concern, but other than that single data point, the broader economy is in solid condition.

Yet again, America blows up the world economy. Yet, we Japanese will have to pay the price for America's stupidity.

In other words, this isn’t the result of bad policy no matter how much Trump supporters scream and wail (Understandably. They’ve got nothing else but racism).

I've seen non-far-right extremist media reporting the above.

I haven't see any non-far-right extremist media calling it a "Kamala Crash".

I think they believed the network that had to pay 3/4 a billion dollars for lying to them.

Toyota up 11% today. I should have had a bet.

JeffLeeToday  08:22 am JST

Periodic downturns, or corrections, are actually healthy in the long run for financial markets, otherwise prices would rise to bubble territory. US stocks had been overbought this year. Time for a shakeout. And we in Japan will probably be ending up with a stronger yen as a result of all this.

Good riddance to the carry trade. Let’s get back to fundamentals.

Exactly. Not to mention that the S&P 500 is still up 9.3% YTD and + 77% over the past 5 years.

Yet again, America blows up the world economy. Yet, we Japanese will have to pay the price for America's stupidity.

Hey, Japanese are the ones expecting to sell their wares to the US

If ya don't want to deal with the US, don't sell your wares to the US. Pull all the Japanese wares out, lol

DJIA (Dow Jones Industrial Average) 52 Week Range 32,327.20 - 41,376.00

Current Price

39,263.41+560.14 (+1.45%)

We were in record top territory. It came down a lot and went up a lot. The economy always has risks, but it is NOT crashing. Sheesh! Turn off the gloom and doom already! And please don't worry about the billionaires... they will be fine no matter who is in office.