US equity markets have had their worst quarter since 2008.
Covid-19 has ripped the heart out of the global economy and investors in risk assets can do nothing but wait for the next shoe to drop. SocGen's Edwards: These are dangerous times for US equities While valuations seem more attractive, it is too early to say how low markets will go. The draconian measures put in place to stop the virus have destroyed the travel, leisure and retail industries. Countless businesses face dire consequences as they wait for the economy to reopen. Initial jobless claims for the third week of March jumped by three million as businesses started laying of...
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