Today everything collapses at once, almost 3 trillion dollars lost. Stocks: The stock indices of the US, Japan, Korea, Turkey, China and Taiwan lost $1.7 trillion of their market value today. Precious metals: Gold and silver fell to new annual lows, losing $1.07 trillion. Cryptocurrencies: The cryptocurrency market lost nearly $140 billion today after the Binance hack. Bonds: US bond yields are rising today, which means bonds are selling. And here is the most shocking thing. No single piece of news can bring everything down at once, but global markets are still plunging.