We are now in a financial crisis
Edward Harrison | Mar 16, 2020 | 2 |
The awesome scale and scope of the coronavirus pandemic is now becoming clear as countries around the world enter lockdown and quarantine. And financial markets are in turmoil as a result.
I am writing this before the open in NY. But already, futures are limit down. And expectations are not for a bounce, but a fall to the circuit breaker level of down 7%…