Nigeria, April 7 -- Within the past two business days, the U.S. stock exchange has suffered a steep 10.5% decline, resulting in a market value loss of over $5 trillion. With a total valuation of approximately $50 trillion, experts are already predicting a recession in the U.S.

The U.S. stock exchange is intricately interconnected with global finance, with numerous countries, sovereign wealth funds, and multinational corporations holding substantial investments in U.S. equities and debt instruments.

As of June 2023, foreign portfolio holdings of U.S. securities stood at approximately $27 trillion, accounting for more than 50% of total foreign-owned U.S. financial assets. These holdings span equities, corporate bonds, and government secur...