18 Trillion (And 9) Reasons To Fear The Global Recession

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from ZeroHedge:

The last three months have been a shock to many global investors as equity markets refused to obey the BTFD mantra that has made gurus out of idiots for a decade. Quite a slew of massive point plunges (and no Plunge Protection Team)…

Leaving December (for now), the worst end to the year for stocks since The Great Depression…

“You feel like you leave here you’ve been in a boxing match all day,” said Bradshaw, a portfolio manager at Hodges Capital Management.

“We’re kind of dumbfounded by the huge sell-off in the market versus what we’re hearing from companies…”

And while Friday was a ‘quad witch’, which tends to see trading activity elevated, NYSE volumes exploded to their highest since Brexit as US equity markets collapsed – failing to respond to Fed’s Williams’ efforts to talk it up…

As US markets catch down to the rest of the world…

But, it’s not just US stocks that are suffering. World Stock Market Capitalization has collapsed by $18,281,024,000,000 (just over 18 trillion dollars) since the peak in January.

Read More @ ZeroHedge.com