️US: Record Stock Market Drop and Rising Inflation Expectations

️US: Record Stock Market Drop and Rising Inflation Expectations

In the US, around $1 trillion in capitalization was wiped off the stock market in one day, with major indices falling by 1–2% amid rising tensions in West Asia.

Amid the energy shock caused by the conflict in the region, annual inflation expectations in the US soared to ~5.2%—the highest since March 2023.

Source: Telegram "llordofwar"