FALCON POWERS – The global stock markets have experienced a sharp decline at the start of this week’s trading, and the Swedish stock exchange on Monday, August 5th, saw a sharp decline that economists considered an “collapse in stock values”.
Although there were external reasons that led to collapses in many stock exchanges around the world, the Swedish stock exchange has its own reasons related to the weakness of the Swedish economy.
The Swedish economy, which is dependent on exports. If the United States enters a recession as expected, this will affect the Swedish economy, which is already suffering from a recession like most European economies. This could lead to a rise in unemployment rates in Sweden, and consequently a reduction in the spending appetite of Swedish families, and thus further recession and unemployment.
According to economic experts in Sweden, as reported by Swedish Radio, there are other reasons that contributed to the decline of global markets, including Sweden, such as geopolitical factors and massive investments in artificial intelligence. The large technology companies that released their data last week had disappointing results due to their investment in large sums in artificial intelligence, which needs a long time to bear fruit.
