How markets lost whopping $14 trillion in Year 2022?
Image Credit: latestly
2022 has perhaps been the most turbulent year investors have ever seen. Global equities are down $14 trillion and heading for their second worst year on record, but there have been nearly 300 interest rate hikes and a trio of 10%-plus rallies in that time making the markets volatile. The main drivers behind such a massive global turmoil have been the war in Ukraine, combined with rampant inflation as global economies broke out of the pandemic.