The stock markets have been fluctuating wildly for the last few months. This week is probably another one of the scariest week with consecutive days of stocks free-falling non-stop to another market low. I saw a S$40K of paper loss just in this week alone from my various investment portfolios. Is this just a temporary market correction to take into account the high interest rates to tame soaring inflation or is this just the beginning of a market crash before the deep dive into another global recession just when many businesses are still trying to recover from the recent COVID induced recession?
1. Luna plummeted overnight and rest of Crypto dragged in. The cryptocurrencies market is in turmoil right now. It has been a shocking week for those who own bitcoin and other cryptocurrencies, as they watched billions of dollars in their asset valuation vaporize overnight. Luna unfortunately crashed suddenly...