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USA: The financial meltdown is beginning.
(www.nbcnews.com)
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this post was submitted on 23 Jun 2024
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For now, yes. Last year, it was tech. This year, it's fintech, which is still tech. And we've got the looming tsunami wave of commercial office space on the horizon, too. Last year, nobody had any issues getting their money. This time, 2.9% of people did. What will it be next time?
There will always be something to trigger a market correction. Fintech is a good guess since they have kind of followed the wave of tech hype, but I highly doubt it'll trigger anything more than a modest market correction in the finance sector.