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Donald Trump tariffs: Global markets are in free fall, what should I do?
News.com.au -
07/04
Markets are collapsing. This is like one of those times where they tell you there’s a chance of minor earthquakes and then you see the entire neighbourhood collapsing into a cloud of dust. What should you do?
Markets are collapsing. This is like one of those times where they tell you there’s a chance of minor earthquakes and then you see the entire neighbourhood collapsing into a cloud of dust. What should you do?
The ASX 200 began the week by going into absolute free-fall. I gasped when I cracked open the numbers on Monday morning. The market open was catastrophic, like the darkest days of early in the pandemic, or the 2008 Global Financial Crisis when banks were going broke left and right. And the day’s trading had only just started.
Things have improved slightly since Monday morning, but we are still looking at Monday being one of the worst days in decades.
As bad as things may look on the ASX, Australia’s market is not even the worst in Asia.
Japan’s market’s fell even more after opening on Monday, and the Nikkei index ... [Short citation of 8% of the original article]
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