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Falling global stocks
August 12 2024
Japanese stocks posted their biggest percentage slide since 1987 to be at the epicentre of a global rout that magnified the blows from discouraging news on the US economy and disappointing earnings from big US technology stocks.
Consumers are struggling yet stocks soar to record highs
August 11 2024
Consumer spending, which accounts for about 60 per cent of economic output, is under pressure due to steeper rents, rising health costs and soaring energy bills as well as higher mortgage repayments.
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