Market Analysis: The dip-buying sentiment that dominates most regions globally has been injected with panic

2024-08-05 10:39:19
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ChainCatcher news, according to analysis reports from foreign media, the recent weeks of sell-off led by technology stocks have injected panic into the buying-on-dips sentiment that has dominated most regions globally since the pandemic low, indicating that stock market return expectations will be significantly adjusted before the end of the year. Multiple market indicators are approaching bearish milestones as concerns grow that the global economy is beginning a major reset, with the U.S. possibly entering a recession, the Bank of Japan tightening policies leading to the collapse of yen carry trades, and escalating tensions in the Middle East. (Jin Ten)

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