The sudden declines that hit global markets, affecting traded assets from stocks to oil and even cryptocurrencies, which reached 10% at the beginning of the week’s trading, brought back the specter of “Black Monday” to the minds of investors, in which financial markets fell by up to 40% 37 years ago.
main reasons
Geopolitical developments Disorganized exit of investors Hedging against market turbulence #MarketDownturn