Here's why global stocks are plunging despite the 'big bazookas' from central banks around the world
3:08am PDT - March 16th, 2020 stimulus package 2020 - Business InsiderGlobal stocks plunged on Monday morning, despite a decision from the Federal Reserve to cut rates by 100 basis points on Sunday night. Markets seem to be ignoring the global coordinated response from central banks as sell-off deepens. On Sunday night, the Fed…