The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador	8/5/2024 9:37:46 AM
	of 13783

US Fed Calls Emergency Meeting As Japan Markets Collapse The U.S. Fed called for an emergency meeting today as the Japanese markets collapsed, triggering a worldwide panic selloff. Experts expect a 50 bps rate cut after the meeting In an unprecedented move, the U.S. Federal Reserve (Fed) has reportedly called for an emergency meeting today. This meeting aims to reassess interest rates as global markets experience severe downturns. Moreover, analysts expect a Fed rate cut by 50 basis points (bps) after the meeting. US Fed Emergency Meeting Amid Global Market Crash The Japanese yen (JPY) has plummeted by 13%, while the Korean and Taiwanese markets are down nearly 10%. Furthermore, Bitcoin price has seen a drastic 18% decline over the past five days. Meanwhile, the S&P futures have dropped by 4%. According to reports, the U.S. Fed has called for an emergency meeting amid market uncertainty. Good bye soft landing. Hello crash landing

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