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The average international stock fund lost 6.7percentt of its value, largely a result of sharp declines in the values of the euro and the Japanese yen against the dollar.
In contrast to financial assets, households did experience broad declines in the values of these holdings.
This is no surprise, as declines in the values of the currencies of America's major trading partners wiped away much of the effect of the tariff anyway.
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But economists said the sharp declines in the value of trade between the United States and the rest of the world appeared to be hitting a plateau.
She argued that these were extraordinary declines in the value of the funds and she thought the risks in one fund had been misrepresented to investors.
That is about the time that investors will receive their first brokerage statements reflecting major declines in the value of auction-rate notes.
Recent declines in the value of sterling are expected to support exports sales, though the deteriorating global situation could mitigate against an improved exchange rate.
Racked by steep declines in the value of their assets, the nation's foundations are paring their staffs in large numbers.
Its demands that the government offer it protection against further declines in the value of certain already problematic loans after the sale also met resistance.
Along with eroding loan portfolios, German banks have been hit by steep declines in the value of their stockholdings as the market has crumbled.
Steep declines in the value of those assets weigh on bank profitability and underpin the crisis.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com