RWIU - Coronavirus Pandemic: Do Whatever It Takes

By Francis A. Scotland

Investors are in full panic mode as COVID-19 morphs into an official global pandemic. The Dow-Jones Industrial Average went from a 52-week high to a 52-week low in 10 days, the fastest reversal ever recorded. The scale of volatility registering across markets reflects the unusual nature of the uncertainty fostered by the spread of the virus. It is a potent mixture of anxiety about the disease itself and implications for the world economy. Feeding the fear are the relentless media headlines warning of potential catastrophe.

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