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by theryan 675 days ago
Why did this happen seemingly suddenly?
2 comments

> It was the first chance for traders in Tokyo to react to a Friday jobs report that showed hiring by U.S. employers slowed last month by much more than expected.

> The unemployment rate’s jump to 4.3% in July crossed a tripwire that historically has signaled recession

The finance sites that hit my feet are talking about the the Yen carry trade
Welcome to the stock market.

Gains happen slowly, crashes happen suddenly.