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Only a cure for the virus can revive markets

Earlier instances show that the correction from such emergencies is sharp and short, but this time the virus seems much more contagious and has spread rapidly across the globe

February 28, 2020 / 09:26 AM IST
Only a cure for the virus can revive markets

  The coronavirus or Covid-19, as it is now called, has infected markets across the world. The announcement that 33 people have tested positive for the virus in California sent the Dow Jones Industrials crashing by 4.4 percent on Thursday. The commodity markets are among the most affected. For the last five years most commodities – crude oil, coal, metals and agricultural goods--- have suffered from low prices or sideways markets thanks mainly to a slowdown in China. These have now...

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