The plunge on Wall Street was breathtaking. But there is one indicator that investors should really be worried about.
There’s one indicator that tells you just how scary the sell-off on Wall Street was on Thursday night following US President Donald Trump’s declaration of a tariff war.
No, it’s not the 4.8 per cent decline in the S&P 500, the most important proxy for risk assets in the world. Thursday was Wall Street’s worst day in almost five years, wiping more than $3 trillion off American markets.
Source: https://www.afr.com/chanticleer/market-carnage-shows-trump-is-risking-a-confidence-crisis-20250404-p5lp3b