$5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History
Feb 28th 2020 7:11am EST
$5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History MSCI ACWI collapsed from a record high into ‘correction’ in just five days. The plunge in global equities has wiped out more than $5 trillion in value, or equivalent to nearly Japan’s annual GDP. On Thursday afternoon, Guggenheim’s Scott Minerd said, “this is […]
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