Market Crash: Are we moving towards recession? Some key numbers from the US, where a sneeze can make the world catch a cold

Market Crash today: The US unemployment rate rose to 4.3% in July, sparking recession fears. Economists predict a potential recession in 2025 and expects the Federal Reserve to cut interest rates starting in September. Key indicators include slower job growth, industry layoffs, and housing market concerns, with underinsurance posing a $1.2 trillion threat to property values.