What a week it has been!
This week, global stock markets performed the worst, with the U.S. stock market recording its worst week since the COVID-19 lockdown in 2020. The Nasdaq and Russell 2000 indices entered a bear market, and the Dow Jones Industrial Average fell by 2,200 points. The market capitalization of the Mag7 lost $1.4 trillion, marking the largest loss in history. U.S. stock market trading volume hit a new high, and the VIX index surged significantly. The credit bond market performed poorly, and crude oil prices plummeted by 11%. Gold and copper prices also saw significant declines
Overnight, the trade war erupted, and both the Federal Reserve and Trump have lost their "put options."
What a week it has been:
This is the worst week for global stock markets since the outbreak of COVID-19 lockdown measures in March 2020.
This is the worst week for the U.S. stock market since the market crash caused by COVID-19 lockdown measures in March 2020.
The Nasdaq index and the Russell 2000 index have both entered bear market territory (down more than 20% from their highs).
The Dow Jones Industrial Average fell a record 2,200 points overnight.
The market capitalization loss of the Mag7 stocks this week is $1.4 trillion - the largest ever;
Today marks the highest trading volume day in U.S. stock market history based on the total number of stocks traded across all exchanges;
The VIX saw its largest single-week increase since February 2020;
This is the worst week for the U.S. credit bond market since the COVID-19 lockdown crisis (worse than during the Silicon Valley Bank crisis);
Crude oil prices plummeted 11% this week - the worst week since March 2023 (Silicon Valley Bank crisis/growth panic);
Gold prices fell for the second week this year (today is the worst day since November 2024);
Copper prices crashed today, marking the largest decline since Lehman Brothers (October 2008).
The last time U.S. stocks fell this fast, the Federal Reserve immediately intervened….
