Donald Maxwell-Scott: Coronavirus market impact continues to spread

Compare the markets

clock • 4 min read

Donald Maxwell-Scott looks at the vastly different market reactions to the coronavirus outbreak and asks if the thus far robust (but inefficient) Chinese stockmarket is about to play catch-up

The continued spread of coronavirus globally has spooked markets, resulting in one of the largest falls in equity markets since the 2008 financial crisis. However, is the recent sell-off justified? While we are certainly not healthcare professionals, the market's concern is around the long-term economic implications of trying to contain the virus, rather than the consequences from catching it. As things stand, it could be believed the sell-off has been perhaps overdone, although we believe it might get worse before it gets better. Sometimes fear is the only catalyst the markets need t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Gilt yields fall after Donald Trump backs down in 'tariff war'

Gilt yields fall after Donald Trump backs down in 'tariff war'

US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 2 min read
Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read
Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read