Global Markets Turmoil as Wall Street Endures Worst Quarter Since 2020
Global markets are rattled by Wall Street's worst quarter since 2020 amid fears of a trade war and erratic U.S. policy. Investors are seeking safety in assets like gold as the prospect of sweeping tariffs deepens economic uncertainties.
Published on April 1, 2025
Global markets have been thrown into chaos as Wall Street faces its worst quarterly performance since 2020. Fears of a global trade war, driven by erratic U.S. policies under President Donald Trump, have intensified market volatility. With mounting anxiety, investors have flocked to safe havens such as gold, which has surged to its highest quarterly gains since 1986. Notably, indices in Japan and South Korea have taken hard hits, while the S&P 500 continues to struggle amid declining U.S. growth projections.
On March 31, 2025, details emerged that the White House is poised to announce a sweeping set of tariffs, an action expected to further complicate the economic landscape. As traders brace for potential retaliatory measures and continued uncertainty, rising geopolitical tensions—from threats of additional sanctions on Russian oil to concerns over the weaponization of the U.S. dollar—underscore the urgency for global financial institutions to prepare for a turbulent future.