Friday was the worst day for US stock market. Last week was the worst week for the market. The Dow Jones and Nasdaq both went below their 200-day average.
There are different possible reasons for that. The main one is that the stocks are just overvalued and it can't stay like that for a long time.
US consumers are also starting to spend less and take less loans. And this is unfortunately affecting the entire US economy.
There are different possible reasons for that. The main one is that the stocks are just overvalued and it can't stay like that for a long time.
US consumers are also starting to spend less and take less loans. And this is unfortunately affecting the entire US economy.
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