Markets

‘The most disruptive thing to hit markets in many years’: 5 financial experts sound off on coronavirus chaos, and what it means for investors

Stock markets around the world slumped on Monday as new coronavirus deaths in Iran, Italy, and South Korea marked a new high for outbreak-related fears. Economists have repeatedly downgraded their projections for global growth as the virus stifles demand, while public firms lowered forward-looking guidance due to supply chain disruptions […]
‘The most disruptive thing to hit markets in many years’: 5 financial experts sound off on coronavirus chaos, and what it means for investors
Markets

A new Bank of America survey shows large fund managers slashing growth expectations for the first time in months amid coronavirus fears

Large-fund managers’ growth expectations declined in February as coronavirus dragged down sentiment. Managers still rank the outcome of the 2020 presidential election as the biggest tail risk facing markets. Visit the Business Insider homepage for more stories. Large-fund managers surveyed by Bank of America slashed their expectations for global growth […]
A new Bank of America survey shows large fund managers slashing growth expectations for the first time in months amid coronavirus fears
Markets

More than 64,000 infected, GDP cuts, and SARS parallels: Here’s how bad the global economy could get as the coronavirus outbreak rages

Coronavirus has infected 64,000 and killed 1,380 so far. And as the health crisis worsens, it’s become increasingly clear that the outbreak will have wide-reaching economic consequences. China’s economy is forecast to grow by the smallest margin since the Great Recession – news that will hit its embattled and vulernable […]
More than 64,000 infected, GDP cuts, and SARS parallels: Here’s how bad the global economy could get as the coronavirus outbreak rages
Markets

A new PwC survey unveiled at Davos found CEOs are the most pessimistic they have ever been about the economy. The firm’s global chairman breaks down 4 big reasons why.

The opening day of the World Economic Forum Annual Meeting in Davos, Switzerland featured the release of PwC’s latest CEO survey. It found that CEO pessimism about global growth is currently at a record high. The lack of confidence in the world economy is jarring, especially considering the strength of […]
A new PwC survey unveiled at Davos found CEOs are the most pessimistic they have ever been about the economy. The firm’s global chairman breaks down 4 big reasons why.