A man wearing a face mask walks past statues of bulls in Beijing, on February 28. Stock markets have continued to fall on spreading virus fears, deepening the global rout. Photo: AP A man wearing a face mask walks past statues of bulls in Beijing, on February 28. Stock markets have continued to fall on spreading virus fears, deepening the global rout. Photo: AP
A man wearing a face mask walks past statues of bulls in Beijing, on February 28. Stock markets have continued to fall on spreading virus fears, deepening the global rout. Photo: AP
Richard Harris
Opinion

Opinion

The View by Richard Harris

Coronavirus has only hastened the inevitable stock market crash, but expect another bull run on the back of stimulus measures

  • It was obvious from the initial Wuhan lockdown that the damage to the Chinese economy would reverberate globally. Wall Street’s reaction is not surprising
  • Policymakers keen to avoid a credit crunch are pouring liquidity into the market, which will once again fuel an asset bubble

A man wearing a face mask walks past statues of bulls in Beijing, on February 28. Stock markets have continued to fall on spreading virus fears, deepening the global rout. Photo: AP A man wearing a face mask walks past statues of bulls in Beijing, on February 28. Stock markets have continued to fall on spreading virus fears, deepening the global rout. Photo: AP
A man wearing a face mask walks past statues of bulls in Beijing, on February 28. Stock markets have continued to fall on spreading virus fears, deepening the global rout. Photo: AP
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Richard Harris

Richard Harris

Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.