Noted financial community WallStreetBets shared on X platform that investors' worries about a global economic downturn continued to escalate, causing substantial drops in major US stock indices and the stock market on August 2nd. The amount of funds lost reached an unprecedented $2.9 trillion. This value ranks second to the market chaos caused by the COVID-19 outbreak, indicating the severity of the challenges currently faced by the market. This incident underscores the risks facing the global economy and the market's sensitivity to potential recessions.