The COVID-19 epidemic eroded the whole world, and Wall Street ushered in an epic collapse. Stock assets in various countries have encountered a rare wave of selling in a hundred years. The stock markets of the United States, Canada, Brazil, Thailand, the Philippines, Indonesia, Pakistan, Kuwait, Mexico and other countries have all staged "fuse" dramas. At least 50 stock markets around the world staged a "bear market", and the Argentine stock market fell by nearly half at its recent high. As of the close of March 12, the three major US stock indexes all fell by more than 9.4%, falling into a technical bear market, the biggest one-day drop since 1987+00. US stocks blew twice this week, making history.

The market in the entire Asia-Pacific region is also bleak. South Korea's composite index fell 3.87% to 1834.33, the lowest since the end of August of 20 15; The Nikkei 225 index closed down 4.4 1% to 18559.63, the lowest since late April of 20 17. Australia's ASX200 index fell 7.9% to 5304.6 points; New Zealand NZX50 index fell 5.33% to 10333.27.