Global stocks lost $650bn in mkt cap this week as investors react to further signs of accelerating #inflation & correspondingly rising rates. Goldman raised Fed forecasts to 7 consecutive 25bps rate hikes in 2022. Global stocks now worth $115tn, still equal to 136% of global GDP pic.twitter.com/qwME8ZdPDW

— Holger Zschaepitz (@Schuldensuehner) February 13, 2022