The latest U.S. retail data is concerning, suggesting that the economy may face the risk of stagflation. Stagflation, as an economic phenomenon, is even more harmful than Inflation, which could have a negative impact on the performance of the U.S. stock market.
Analysts predict that the US stock market may face adverse conditions tonight. More concerning is that if US stocks perform poorly, it could trigger a chain reaction over the weekend, especially considering the impact of the Ethereum (ETH) unlocking event, which will not stop just because it is the weekend.
Meanwhile, the cryptocurrency
View Original