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It's going to be quite a while before the market no longer traders under threat from virus spook stories.
At any given time, traders are subject to tape bombs. COVID-19 is the Sword of Damocles for risk assets, a characterization underscored on Wednesday by a pair of headlines, which together served to throw a bit of cold water on an attempted comeback trade in equities.
"For all intents and purposes, I think it’s fair to say we are on the cusp of [a] pandemic," Peter Marks, head of the FDA’s Center for Biologics Evaluation and