Financial giants clash over the optimal emerging market investment strategy, with one advocating for dollar-denominated bonds and the other favoring local-currency bonds, citing opposing views on the US elections impact on the dollar.
Global stock markets tumbled, with Japans Nikkei 225 experiencing its largest single-day drop in decades, as fears of a US economic slowdown rippled across the globe.
Following a record-breaking streak, the tech-heavy Nasdaq Composite experienced a slight downturn, yet analysts remain bullish on its future prospects, particularly for Nvidia and another unnamed company poised for growth.
Lululemon faces challenges to its growth trajectory as the flop of its innovative Breezethrough leggings line contributes to declining stock value, highlighting the companys dependence on new products to drive sales.