The global stock market selloff, which began in the U.S., has now engulfed Japan, leading to a significant drop in the Nikkei 225 and Topix. The situation has sparked concerns among top financial experts. What Happened: The market downturn, which has been spreading worldwide, is showing no signs of abating. The Nikkei 225 and Topix experienced a 7% drop in a volatile trading session, leading to significant losses in the region. Mohamed El-Erian, the Chief Economic Advisor at Allianz, highlighted the situation, stating, “The stock market selloff, which started in the US and has been circling th…
