Category: Finance
Panic signs are emerging in the markets as indicated by the VIX and CNN Fear and Greed Index, with US equities facing a downturn amid disappointing earnings. Japan's Nikkei index has seen a significant drop due to a stronger yen and reduced attractiveness of exporters. The Fed is under pressure to cut rates more aggressively as the job market shows signs of stress, with rising unemployment rates and geopolitical tensions affecting market sentiment.
Keywords: VIX, Nikkei, Federal Reserve
Update At: 8/6/2024