5 charts that reveal the stunning depth of coronavirus-driven market carnage - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

5 charts that reveal the stunning depth of coronavirus-driven market carnage

The market turmoil has primarily been fueled by the rapidly spreading coronavirus and the devastating impact it's expected to have on economies worldwide. Global supply chains have broken down, consumers are hesitant to spend, and thereThe sudden introduction of a global oil-price conflict between Russia and Saudi Arabia has also shaken investor nerves.

, its biggest intraday drop since the Gulf War in 1991. That then, in turn, rattled risk assets of all types.GOLDMAN SACHS: These 15 stocks are plunging with the market, but their powerful long-term growth could make them bargains to buy right now Even during periods of relief for risk assets — like the one seen during the morning of Tuesday, March 10 — there's an underlying sense of worry pervading investor activity, threatening to wipe out gains at the sight of any moderately negative headline.OIL — Biggest drop since 1991

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Corona was the trigger, not the cause. That is due to FIAT money and central bank policies since then. The world has never been so over leveraged. It was prone to come crashing down since 2008. QE has been only thing keeping the patient alive since. But no cure has been found.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus wipes out British business confidence bounce: IoD surveyThe coronavirus outbreak has reversed a recent upturn in British business leader... pysops Brexit is another dumb issue like Trump. Is this Trumps fault?
Source: Reuters - 🏆 2. / 97 Read more »

Coronavirus Updates: Short-Term Landing and Bull Market Get Tested, Princess Cruises Cancel More Voyages - WSJ.comAs the coronavirus epidemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies. Brabbott42 that looks like propaganda. Brabbott42 The President of the United States is currently the only trustworthy source. Evil bastards everywhere. Brabbott42 From Europe I just say Enjoy your private health system!!!
Source: WSJ - 🏆 98. / 63 Read more »

Entertainment Stocks Hit 52-Week Lows
Source: billboard - 🏆 112. / 63 Read more »

Coronavirus: UK live updates, 5 deaths and 319 cases reported in Britain - Business InsiderThe UK has confirmed five coronavirus-related deaths and 319 total cases. Experts say a British epidemic is highly likely.
Source: BusinessInsider - 🏆 729. / 51 Read more »