On Monday, key indexes for British, French and German equity markets slid more than 2%, as did pan-European markets on worries about the potential economic impact from the deadly virus. Stocks on Wall Street fell more than 1%.
Analysts at JPMorgan said the coronavirus outbreak was an “unexpected risk factor” for markets though they see the contagion as a regional rather than a global shock. “Concerns about coronavirus contagion has driven yields lower and is the latest risk of a series that have driven U.S. Treasury yields far below what fundamentals indicate. We remain short 30-year UST.”
Futures imply around 35 basis points of easing by year end FEDWATCH. The Federal Reserve is widely expected to stand pat at its policy meeting this week, but markets will be sensitive to any changes to its economic outlook.
Won't someone please think of the GDP?!
Jesus is GOD
SAD!
Well well well, gold is not skyrocketing. The virus looks like a good excuse.
The only safe place is in a spaceship or tesla with space qwality air filters.
Thats cute. Asain market just opened and is recovering in the green. US futures are up a half percent.
Excuse for Corporations and banks to dump their stocks
My house is open.
Bet you sweet ass they are falling. This is the new era. After Kobe Bryant
not EVERYTHING is about money....!! Can't spend $$ in the grave!! Coronavirus wuhan StockMarket
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