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Dow plunges over 1,000 points: Is the ‘great unwind’ only just starting?
US$6.4 trillion stock was wiped out as Japanese yen borrowers unwind ‘carry’ trades. “It’s the great unwind... there are falling knives everywhere,” says an industry watcher.
➡️Asia markets in sell-off mode, triggered by US recession fears https://bt.sg/EBLd