World stockmarkets could see 65% coronavirus plunge

The emergency airdrop of fiscal and monetary support provided to fight back in the battle against the coronavirus impact on the global economy continues to prevent further dives in world markets.

This battle is, of course, not receiving a helping hand from the climbing numbers of the disease and fatalities, which at time of writing stands close to 344,000 cases globally and more than 15,000 fatalities across 187 countries. There is a need for reality for those who might think a floor in world markets should be approaching after weeks of viscous declines that global markets can still drop much further. Coronavirus Blog: China to lift Wuhan travel restrictions in April but bans foreign visitors For all the declines seen in world markets, some equity markets are only just appr...