In the growing speculation of what China’s 2019 novel coronavirus (2019-nCoV) outbreak will do to the world economy, an economist at Goldman Sachs summed up the threat in one pithy line.

"Just because you missed dinner out or a haircut in the first quarter, you wouldn’t necessarily get more of those in the second quarter,"..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now