"So, what are you selling?"
Lol
The three main indicators that send the global stock market in a tailspin are:
1/ The falling of the yen. Japan rising it's interest rates to keep its economy in survival mode. US and EU debt have a strangle hold on their economy and Japan has begin selling off their debts. Japan being the third or 4th largest economy in the world will affect the US and EU markets.
2/ Disappointed July US job report send shockwaves globally of an US economic slowdown and recession.
3/Crumbling tech stocks. Microsoft is the lastest company to lay off over 80% of its staff. Part of a long list of companies over the last 2 years laying off hundreds of staff across industries.
The handwriting is on the wall.
1. The yen's only fallen back to where it was back in March. I follow the dollar/yen market pretty closely--it's one of the "majors" and it's interesting that it's correcting, but nowhere near historic or "crash" levels.
2. "Disappointing" jobs numbers aren't that big of a deal, either. The latest number is down to what would've been an average month under Trump, before the pandemic.
3. Microsoft did not layoff 80% of their workforce. Only about 3% over the past two years. Maybe you're thinking of Elon Musk's X.com, where he fired up to 75% of them, but that's Musk self-destructing, and not the US economy.