What Does The Stock Market Crash Mean For Average Americans?
Wall Street has officially seen its worst day since 2022.
The global financial markets are falling into Bidenflation. The S&P 500 fell three per cent, Dow Jones industrial average dropped more than 1,000 points, and the NASDAQ slid 3.4 cent on Monday. The stock market declines were just the latest in a global sell-off after Japan’s Nikkei took a 12.4 per cent hit, which according to CBC is the worst it’s been since 1987.
So what does all this mean for the average Amercian? What does this mean for your 401K? Are we heading towards a recession or are we already in one?
The Hammer and Nigel Show spoke with experts to get some realistic, easy to understand, answers. They spoke with John Carney of Breitbart Finance and Econ as well as Monica Crowley, Former United States Assistant Secretary of the Treasury for Public Affairs.
Listen to both interviews below: