ASX sell-off a 'real downturn' and risk of global recession close to 50/50, analyst warns - ABC News


6/19/2022 12:00:00 AM2 years 10 months ago
by David Chau

The ASX has dropped by more than 15 per cent from its record high, sliding closer towards a bear market. Some investors may be tempted to "buy the dip", but market experts say there is "further downside" ahead.

It may sound a little strange that global markets are going through a meltdown due to fears of a potential recession in the next year or two, particularly given how strong the economy has been perfor… [+7019 chars]

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