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What Happened to The Stock Market?
Why Happened to the stock market today? Why did stocks drop today? Over the past 4 weeks, fears of a US recession triggered a stock market crash. US recession 2024 fears caused the stock market crash 2024. The latest US recession news shows a recession in 2024 is likely, as indicated by the Sahm Rule, explained in this stock market for beginners video. Recession in US fears started with the horrible jobs report that showed the unemployment rate rose much faster than expected. A global sell-off in stocks started with the Japan stock market, and then moved around the world, causing the largest crash in the US stock market since the 1987 stock market crash. This happened because of something called a carry trade, with the carry trade explained in this video. The crash last week was the worst since the stock market crash 1987. And stock market technical analysis is showing the sell-off could get worse, as the charts are lining up perfectly with the 2008 Great Financial Crisis. History appears to be repeating itself with another stock market crash 2008 happening once again.
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*CHAPTERS*
00:00 - What Happened to The Stock Market
01:38 - Why Did Stocks Drop
03:51 - Why Did the Stock Market Crash
04:51 - Stock Market 2008 vs 2024
05:31 - What Caused the Stock Market Crash
06:46 - US Recession 2024
08:13 - Sahm Rule Explained
09:29 - Why Are Stocks Down
10:20 - Will Stocks Go Up
12:09 - What is VIX
#stockmarketcrash #stocks #stockmarket #investing #trading #invest #investor #investors #investment #investments #recession #usrecession #recession2024 #stockmarketcrash2024
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Scott Curry is not a financial advisor. Nothing on this channel is to be construed as financial advice. No speech, text, images, or other conveyance of information is a recommendation to buy, sell, or hold any asset. All speech text, images, and other conveyance of information is just Scott Curry's opinions, which may or may not be accurate. Please do your own research before investing in any asset.
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