The Market Got Its Excuse To Crash
The financial markets have been taking a hit lately, with the Russell 5000 falling by more than a quarter over the course of the last month, with markets experiencing the biggest single-day hit since 1987. The corona virus and the related fears has led to a dramatic decline in business sentiment, recognizing that lack of customers will lead to a lack of profits, or even losses. How long the virus panic lasts is anybody’s guess, and markets, and business in general, hate uncertainty. If, as some professionals have expressed, the rapid spread stabilizes relatively soon, the economic ...