Chaos Deepens in Financial Markets on Monday

   

                                                                                         Chaos Deepens in Financial Markets                                                                                                                                                                                                                                                                                                                                               

 Global Stock Market Losses Wipe Out $9.5 Trillion in 3 Days

We are now in the third day of the massive collapse in global markets, which began after US President Donald Trump announced "Liberation Day" with sweeping tariffs last Wednesday.

Bloomberg has calculated that approximately $9.5 trillion has been wiped off global stock market value since Trump announced the new trade tariffs, which have affected friends, foes, and even "penguins living on barren, uninhabited volcanic islands near the South Pole," as it put it.

Panic Hits Global Markets... Trump Sticks to His Stance on Tariffs

Bloomberg reported that the chaos deepened in financial markets on Monday, as anxious investors abandoned any hope that President Donald Trump would reverse his new tariff policy.

Stocks have collapsed, bringing the total global market value lost in three days to approximately $9.5 trillion. S&P 500 futures fell 3%, while the VIX volatility index climbed above 50. The European Stoxx 600 index also fell 5%. Asia recorded its worst day since 2008. In contrast, US Treasuries and the Japanese yen rose as investors flocked to safe havens.