Is the stock market entering a long period of chaos and uncertainty? Will that be good?

economictimes.indiatimes.com:

capital market, the condition is not good this week either. Tokyo stock exchange was the first to crash and the Nikkei Index plummeted by 12.4% on Monday. It was followed by a fall in the cryptocurrency market across the world, which represents the overall bearish sentiment spreading across the world economy, though it may not be directly related to the stock markets. The economic crisis can be understood by the fact that the Dow Jones Industrial Average closed down more than 1,000 points, registering a drop of 2.6%, the tech stock index Nasdaq tanked by 3.4% and the S&P 500 fell 3%.

Why did Nikkei crash?

According to 'Business Insider', the main reason for the crash of the Japanese markets was that the Bank of Japan increased interest rates that helped appreciate its currency Yen and after this, those doing the business of carry forward came out to exploit the situation.

Dismal US Job market

The US job market is still in a dismal condition has been proven by the fact that it created only 114,000 jobs in July, much less than expected or needed to sustain the economy. It registered an increase of 4.3 in unemployment. It was expected that inflation would be tamed, but it too did not happen. Considering all these factors it became clear that the US economy is heading toward a recession.

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Will Federal Reserve have a haircut?

Federal Reserve Chairman Jeremy Powell was quick to hint at slashing the interest rates