Why stocks have further to fall amid the coronavirus pandemic

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ANALYSIS: Why stocks have further to fall amid the coronavirus pandemic

There is a general consensus that, once this health crisis has passed, the world will quickly resume where it left off.United States President Donald Trump variously has dismissed the pandemic as a hoax, been missing in action in terms of a co-ordinated national response and — until just a few days ago — was advocating a lifting of all restrictions by Easter.

In Shanghai, arrivals are confronted by an army of ground staff in Hazmat suits who repeatedly check everyone's temperature. Not this one. As a health issue, it began in the streets and, to limit the damage, has forced the complete shutdown of many businesses. Banking is the riskiest business of all, with huge liabilities, skinny profit margins and limited capital.

 

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What ever happened to the Saudi - Russia oil price war?

. Naahhhh... My chart says it's a good time to buy. The ASX has already started to go back up so I've missed the bottom of the market dammit. How could mass unemployment, private and business defaults and recession affect the share market? They're not related. sarcasm

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