Higher Interest Rates & Multinational Corporations’ Decreased Revenues Caused Stock Market Plunge But U. S. Strong


Because the U. S. is the only big nation in the world with a booming economy, U. S. multinational companies with their overseas sales sometimes half their earnings are suffering in the U. S. stock market, additionally the stocks of U. S. companies with all or mostly domestic sales because of the unnecessary interest rate hike recently instituted by the Fed, yet the U. S. economy remains strong, surely the stock market to stabilize then rise soon.