Coronavirus-hit markets brace for the worst economic consequences
The coronavirus outbreak is leading investors to plan for situations more serious than a recession. The S&P 500 has declined by 29.5% in two months. The Federal Reserve's action to cut interest rates has been perceived as a "total breakdown of confidence". PIMCO’s global economic advisor has warned a global recession is a "foregone conclusion".
The coronavirus outbreak is leading investors to plan for situations more serious than a recession. The S&P 500 has declined by 29.5% in two months. The Federal Reserve's action to cut interest rates has been perceived as a "total breakdown of confidence". PIMCO’s global economic advisor has warned a global recession is a "foregone conclusion".
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Proposto da
Tatiana Apostolovich
03/04/2020
nel progetto G1: Previsioni della "gelata" sulla economia globale
ultima modifica 19/04/2020
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