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A big fall in Tokyo as expected.
Seoul, where the Kospi took a hammering of 3.87% yesterday, is off 0.3%.
Japan's #Nikkei 225 (#CFD) down 4.50% at the open; S. Korea's #KOSPI opens down 0.30% and Australia's #ASX200 showing marginal losses of 2.00%. #Equities
As we look at the precipitous falls on markets around the world, it’s important to remember that indices have been pushed to record highs from Wall Street to London and from Frankfurt to Sydney.
For example, even after today’s renewed battering, the ASX200 is still in positive territory for the year so far.
Well they should be. Even after the falls of today, ASX200 still up 10% since last year. Add in your dividend yield of 4% and you are still way ahead of term deposits.
Considering last year the asx200 was up 25% in 2019 and then started this year with 5+% why is the sky falling in with some days of volatility. Do people expect 25% gains YoY for eternity?
S&P 500 futures up 8.5 points in Asia early Tuesday
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