Over 10%! What is the biggest decline in the Russian stock market since the conflict between Russia and Ukraine?

After the conflict between Russia and Ukraine, the relatively stable state of Russian stock market suddenly changed and collapsed. It should be said that the capital of those western countries should have been withdrawn long ago.

This time, it may be the remaining friendly countries and Russian investors that caused the Russian stock market to crash. They may not be optimistic about the future of the Russian economy. Perhaps because of Ukraine's successful counterattack, Russian troops withdrew from Kharkov.

In addition, it is reported that Russian held referendums in Donetsk, Lugansk, Zaporoze and Hellson from September 23rd to 27th. Under this circumstance, perhaps western countries will form a new wave of sanctions against Russia, and the conflict between Russia and Ukraine will become increasingly acute.

Because Goldman Sachs has predicted that the economic growth of the United States will decline in 2023, and the growth may only be about 1.5%.

Considering that the inflation in the United States has reached 8~ 10%, the economy has only increased by 1.5%, which is actually a lot lower. In addition, the Fed keeps raising interest rates, and the effect of raising interest rates on curbing inflation is not good, so the rate of raising interest rates is getting bigger and bigger and the frequency is getting higher and higher. Eventually led to the decline of the US stock market.

European and American stock markets fell because the US Federal Reserve Bank raised interest rates by 0.75% again. The chairman of the Federal Reserve said that he would rather accept the cost of an economic blow than control inflation.

Moreover, he said that there is no way to control inflation except to raise interest rates and let the economy decline. The stock market will definitely fall when it sees this signal.

Inflation has accumulated for a long time. Since Trump raised tariffs, the wave of price increases in the United States has begun.

After the outbreak of the epidemic, the global transportation chain and industrial chain were interrupted, and containers could not be turned around, causing another wave of price increases. During the epidemic, western welfare countries directly distributed a large number of consumption subsidies to consumers, and a wave of cash flooded into the market, which was another wave of price increases. In the United States, the epidemic caused many people unable or unwilling to go to work, labor shortage, rising wages, and also promoted inflation.