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Replying to Avatar SΓ©imΓ­ Mac SΓ­omΓ³n

Explain the recent stock market hammering to me like a child.

#AskNostr

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π•Šπ•₯π•£π•šπ•Ÿπ•˜β‚Ώπ•–π•–π•Ÿβ„€ 1y ago

Unemployment goes up

Economy expected to slow down

As such, the rich sell assets now with a plan to buy them back at a later date.

https://www.nbcnews.com/business/economy/jobs-report-july-2024-employment-numbers-analysis-rcna164651

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