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
Opinion
Opinion
The View
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