US stock futures slide amid historic rout in foreign markets
9 Articles
9 Articles
How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue
While US bosses look terrified of being labelled unpatriotic over Trump’s tariffs, stock markets are trading on guessworkWhat is the correct level of fall in the stock market if the US president declares economic war on the rest of the world even at the risk of causing a recession in his own country? Does 10% capture it? Or 12%, which was roughly the S&P 500 index’s three-day decline by the time the London market closed on Monday? Or 15%? How ab…
"Bloodbath", "Historic": The Worst Market Crashes Since 1929
Monday's stock market collapse in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis. Analysts called the falls "historic," and some even described them as a "bloodbath," recalling previous collapses since the start of the last century. - 2020: Pandemic - Global stocks crashed in March 2020 after the World Health Organization declared…
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