Losses on world exchanges bigger than the GDP of Canada and the UK cumulatively (2)

Recently the Bank of England's head Mark Carney said that the British Central Bank may need to raise interest rates earlier than expected.
There are still a number of market observers who believe that the observed correction is a consequence of rebalancing market portfolios and may not last much longer.
There is a change in the environment. People were positioned for low volatility, low interest rates, and low inflation. Now investors are changing their portfolios. And one or two days of sales will not be enough. It will take some time in ajusting of markets.
Still, despite recent sell-offs, investors who staked on stock markets in 2017 are still in positive territory. For the past three months, global financial markets have added $9.5 trillion, while the broad S&P 500 has added $3.6 trillion.