Arkadiusz Balcerowski: The situation in the American economy does not look bad. It is not a recession yet

Queen

Arkadiusz Balcerowski: The situation in the American economy does not look bad. It is not a recession yet

Arkadiusz Balcerowski: The situation in the American economy does not look bad. It is not a recession yet

Global markets were gripped by fear. The Nikkei225, the main index of the Tokyo Stock Exchange, lost more than 12% in value in just one day. Sharp price declines were also visible in other markets. The decline was caused by several factors, but investors began to wonder whether the US economy would enter a recession. The warning sign should have been the US labor market data, which showed the unemployment rate at 4.3%.

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