Why Friday’s “Bloodbath” Is a Taste of What’s to Come

by Justin Spittler
Casey Research

Stocks around the world are in free fall.

As you may have heard, global stock markets crashed on Friday. Here are the final numbers from the massive selloff:

— The S&P 500 closed the day down 3.6%. It was the worst day for U.S. stocks since August.

— The Nikkei 225, Japan’s version of the S&P 500, plunged 7.9%. It was worst day for Japanese stocks since 2011.

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