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Annus horribilis: Markets suffer worst year since global financial crisis

Updated : December 21, 2018 06:06 AM IST

Add in a wild 35 percent plunge in oil prices since September, rises in Italian, Greek and now French borrowing costs that show euro zone worries remain alive, and a full scale cryptocurrency collapse, and it has been unequivocally brutal.
A fair bit of the year's pain has stemmed from swift move up in US interest rates and a pumped-up dollar, which has had its best year in three years.
Annus horribilis: Markets suffer worst year since global financial crisis

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