Unless you happen to be an investor or trader who had shorted a lot of stocks prior to this week, it probably hasn’t been an enjoyable experience watching some of the biggest and most well-known companies on the planet tumble ever-deeper into the red.
By the close of play in the US on Thursday, President Donald Trump’s previous-day announcement of global tariffs had wiped just shy of an estimated $2.5 trillion, or £1.9tn, off the total value of US stock markets in the space of a few hours.
