The global economic landscape is becoming increasingly uncertain, and Malaysia has reason for concern. On March 10, 2025, U.S. stocks took a sharp dive, with the Dow shedding 890 points and the tech-laden Nasdaq and S&P 500 recording their steepest single-day declines in over two years.This turbulence, coupled with President Donald Trump’s acknowledgment of a “period of transition” in the U.S. economy, has reignited fears of an impending recession.