Investors now expect global recession due to coronavirus
Markets can cope even if there is big risk as long as we can see the end, but no-one can tell how long this will last and how severe it will get, one analyst says
28 February 2020 - 13:39
Geneva/Beijing — The world prepared for a coronavirus pandemic on Friday as the hope the disease could be contained to China vanished and investors dumped equities in expectation of a global recession.
Share prices were on track for the worst week since the global financial crisis in 2008 as virus-related disruptions to international travel and supply chains fuelled fears of recession in the US and the eurozone...
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