Trillion dollar wipeout: world stocks' worst first half since 2010 - Dealers Care

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Saturday, 30 June 2018

Trillion dollar wipeout: world stocks' worst first half since 2010

By Marc Jones LONDON (Reuters) - If last year's financial markets boom was down to a 'Goldilocks' global economy, 2018 has so far been all about the bears, with the worst start to a year for world stocks since 2010. A grizzly mix of U.S.-China trade tensions, central banks turning off the money taps and cooling growth in hotspots including Europe has wiped a trillion dollars off MSCI's 47-country world index.

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