$5.8 Trillion Knocked Off Value of Equities In October

If September was painful for investors, October was worse. Standard & Poor’s reckons that global equity markets lost $5.8 trillion in October, eclipsing September’s record $4 trillion. U.S. markets accounted for 40% of October’s loss. Aggregate loss for the year so far for the 52 global equity markets that S&P follows: $16.2 trillion. Much more of this and it will start to be serious money.


Leave a comment

Filed under Equities

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s