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RSS FeedsCoronavirus does not look like a `black swan` event - here are some reasons to ...
(WorldNews Business)

 
 

25 january 2020 12:12:25

 
Coronavirus does not look like a `black swan` event - here are some reasons to ...
(WorldNews Business)
 


The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on January 23, where the first and most cases have been reported so far. After that, markets started tumbling. Everything from stock markets to Brent crude drifted down by several percentage points as all eyes were on ticker screens for the latest news. Markets steadied and rose a little on January 24 as investors appeared to suspect that the fears were being overdone, but the situation remains on a knife edge. The worry is that this could be a black swan event , one that is so unpredictable and grave that it can bring about...


 
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