It was a total of 102 words that erased about $1.36 trillion from global stocks this week.
Equity markets across the world were roiled by President Donald Trump’s tweets Sunday that he would boost tariffs on Chinese goods. Not only did they spark losses, but volatility came roaring back with a vengeance, with the Cboe Volatility Index rising 50 percent in two days to breach 20 for the first time since January.