CNNMoney/Getty Images
Now playing
01:50
When stock market swings should raise alarms
Now playing
02:20
IMAX CEO: Box office sales in Asia bode well for US theaters
CNN
Now playing
05:16
WTF is a SPAC?
CEO at Verizon Media K. Guru Gowrappan appears at the 2019 Verizon Media NewFront on April 30, 2019 in New York City.
Noam Galai/Getty Images for Verizon Media
CEO at Verizon Media K. Guru Gowrappan appears at the 2019 Verizon Media NewFront on April 30, 2019 in New York City.
Now playing
02:47
Verizon sells off Yahoo and AOL
Warren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. (Photo by Johannes EISELE / AFP)        (Photo credit should read JOHANNES EISELE/AFP via Getty Images)
Johannes Eisele/AFP/Getty Images
Warren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP via Getty Images)
Now playing
02:40
Warren Buffett warns on US inflation
Now playing
03:15
This TikTok influencer started a venture capital firm
An Amazon.com Inc. delivery driver carries boxes into a van outside of a distribution facility on February 2, 2021 in Hawthorne, California. Jeff Bezos said February 1, 2021, he would give up his role as chief executive of Amazon later this year as the tech and e-commerce giant reported a surge in profit and revenue in the holiday quarter. The announcement came as Amazon reported a blowout holiday quarter with profits more than doubling to $7.2 billion and revenue jumping 44 percent to $125.6 billion. (Photo by Patrick T. Fallon/AFP/Getty Images)
Patrick T. Fallon/AFP/Getty Images
An Amazon.com Inc. delivery driver carries boxes into a van outside of a distribution facility on February 2, 2021 in Hawthorne, California. Jeff Bezos said February 1, 2021, he would give up his role as chief executive of Amazon later this year as the tech and e-commerce giant reported a surge in profit and revenue in the holiday quarter. The announcement came as Amazon reported a blowout holiday quarter with profits more than doubling to $7.2 billion and revenue jumping 44 percent to $125.6 billion. (Photo by Patrick T. Fallon/AFP/Getty Images)
Now playing
02:02
Amazon's profits tripled in the first quarter
Now playing
02:03
El-Erian: Investors are taking excessive risks
This photograph taken on March 3, 2021 in Zurich shows a sign of Swiss banking giant UBS on their headquarters. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
Fabrice Coffrini/AFP/Getty Images
This photograph taken on March 3, 2021 in Zurich shows a sign of Swiss banking giant UBS on their headquarters. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
Now playing
02:45
Banks reveal huge losses from Archegos collapse
A Tesla car charges at a Tesla Supercharger station on April 26, 2021 in Corte Madera, California. Tesla will report first quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images)
Justin Sullivan/Getty Images
A Tesla car charges at a Tesla Supercharger station on April 26, 2021 in Corte Madera, California. Tesla will report first quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images)
Now playing
01:33
Bitcoin helps Tesla post record profits
Detail of a mans hand scrolling through Netflix on an Apple iPad Pro, taken on March 6, 2020. (Photo by Phil Barker/Future Publishing via Getty Images)
Future Publishing via Getty Imag
Detail of a mans hand scrolling through Netflix on an Apple iPad Pro, taken on March 6, 2020. (Photo by Phil Barker/Future Publishing via Getty Images)
Now playing
02:37
Netflix shares drop after subscribers miss
WASHINGTON, DC - DECEMBER 12: U.S. President Donald Trump departs on the South Lawn of the White House, on December 12, 2020 in Washington, DC. Trump is traveling to the Army versus Navy Football Game at the United States Military Academy in West Point, NY. (Photo by Al Drago/Getty Images)
Al Drago/Getty Images
WASHINGTON, DC - DECEMBER 12: U.S. President Donald Trump departs on the South Lawn of the White House, on December 12, 2020 in Washington, DC. Trump is traveling to the Army versus Navy Football Game at the United States Military Academy in West Point, NY. (Photo by Al Drago/Getty Images)
Now playing
02:18
Trump said electing Biden would crash the markets. It didn't
Now playing
04:42
Digital Artist Pak sells NFT art for $17 million at Sotheby's
Now playing
01:57
Don't worry, Bed Bath & Beyond coupons aren't going away
Now playing
05:18
Coinbase CFO: We're an on-ramp to the crypto economy
GrabBike riders wait for passengers outside a commuter train station in Jakarta on June 13, 2018. - Toyota said June 13 it was investing 1 billion USD in Asia ride-share company Grab, as the Japanese automaker looks to expand beyond its core business into the "mobility" sector. (Photo by GOH CHAI HIN / AFP)        (Photo credit should read GOH CHAI HIN/AFP via Getty Images)
Goh Chai Hin/AFP/Getty Images
GrabBike riders wait for passengers outside a commuter train station in Jakarta on June 13, 2018. - Toyota said June 13 it was investing 1 billion USD in Asia ride-share company Grab, as the Japanese automaker looks to expand beyond its core business into the "mobility" sector. (Photo by GOH CHAI HIN / AFP) (Photo credit should read GOH CHAI HIN/AFP via Getty Images)
Now playing
03:12
Grab is going public in $40 billion SPAC deal
(CNN Business) —  

Global markets are having a rough 2018. What’s worse, there’s little relief in sight.

From Shanghai to Tokyo, and Frankfurt to Milan, some of the world’s biggest stock indices are in bear markets, having fallen more than 20% from a recent high.

The weak performance across many global markets has been driven by a potent cocktail of risks.

“Almost all markets, both stocks and bonds, have fallen in value this year, under pressure from rising interest rates, political developments such as Brexit, and the trade dispute between the United States and China,” Peter Harrison, the chief executive of asset manager Schroders, wrote in a note to clients.