The outbreak of coronavirus (COVID-19) is a human tragedy for all those affected. Recent heightened concerns are spilling over into global economic and capital market concerns – causing sharp drops in market values and an increase in volatility.
Capital market investors are facing the difficult task of incorporating a worrisome event that is evolving by the hour into market prices. Whenever that happens, especially where fear and uncertainty are involved, market
responses swirl with both emotions and…
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