Tag: Global stock markets

• Friday, March 13th 2020 - 08:57 UTC

  Coronavirus panic in markets wipes US$ 14 trillion in a month

  

  Global stock markets crashed on Friday, ending a years-long bull run, with coronavirus panic selling hitting almost every asset class and leaving investors nowhere to hide. Half a trillion dollars in liquidity from the U.S. Federal Reserve and the promise of more were not enough to calm the fear that has wiped some US$14 trillion from world stocks in a month.