July 20, 2026, 3:29 p.m.

International News

Finance News

Global Stock Markets See Sharp Correction: Mass Sell Off in Overvalued AI Sector and Rising Oil Prices Pressurize Financial Markets

AP, New York — Global financial markets faced dual negative shocks on Friday.

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Expectations for a Fed rate hike are heating up again, and global financial markets are facing a new round of liquidity tests

Recently, global monetary policy trends have shifted again. Previously, the market generally expected the Federal Reserve to keep interest rates steady and gradually wait for a rate-cutting window.

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Peter Schiff warns of the dollar crisis: In the wave of de-dollarization, the United States may have to bear the brunt of the financial storm alone

Renowned economist Peter Schiff recently issued a major warning: The world is collectively selling off the US dollar and US bonds, and significantly increasing its holdings of gold.

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