‘Bang-On’

‘Bang-On’

European shares officially fell into correction territory on Thursday, as the Stoxx 600 added to recent declines, dropping around 4% at one juncture. Risk assets globally are recoiling at an unrelenting stream of dour news flow around the coronavirus. As of Thursday morning, just after the open on Wall Street, US equities were on track for their worst week since 2008. As documented here, travel restrictions and other measures aimed at containing the spread are becoming more commonplace, whi
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