#MarketDownturn Don't Panic! đ
There are several reasons behind the recent market downturn
1. Middle East Conflict:
Israel's attack on Iran, which resulted in the death of a prominent leader, has escalated tensions. Iran has vowed retaliation, contributing significantly to the market crash.
2. Japanese Stock Market:
The Japanese government increased interest rates from 0% to 0.25% for the first time in 30 years. This decision has impacted financial institutions and investors, adding to market instability.
3. Protests in Bangladesh and the UK:
Bangladesh is facing severe protests against Prime Minister Sheikh Hasina Wajid, with demands for her removal. In the UK, a terrorist-related incident has sparked protests, slightly impacting the market.
4. US Market Downtrend:
The US stock market, particularly Nasdaq, has been on a downtrend. Elon Musk, the world's richest businessman, reported a loss of approximately $2.7 billion last week.
How to Handle the Downturn
Stay calm and patient. If you have additional funds to invest, consider doing so, or hold onto your current investments. The market is expected to recover within a week. Stay updated for further developments.
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