Global Equities DROP $1 TRILLION in a Single Day! Check Out These Charts.
Over the passed few months, we have seen the stock market rising. Much of that was attributed to the "Trumpflation".
Now that has perhaps faded but overall markets have done considerably well considering "only" $200 BILLION is being printed every single month by central banks.
Take a look at this article:
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After reaching a record market cap of $74.1 trillion this week, global equities saw almost $1 trillion evaporate in a single day...
As Bloomberg notes, concern over Donald Trump’s administration and a political crisis in Brazil pushed the MSCI All-Country World Index down 1.5 percent in the past two days, the most since September.
http://www.zerohedge.com/news/2017-05-19/trillion-dollar-down-day
haha, only five more months of printing $200B/ mo and we will erase the $1T loss. (Unbelievable)
Buckle up
Sorry to be so ignorant, but what does it mean that 1 trillion dollars disappeared from there? I guess I don't even understand what World Equity Market Cap means. Does this mean people withdrew their money from the Stock Markets of the world?
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