InvestNow News – 14th Feb 20 – Legg Mason – Global Growth, The New Coronavirus and Reactions
InvestNow News – 14th Feb 20 – Legg Mason – Global Growth, The New Coronavirus and Reactions
February 03, 2020 – Francis A. Scotland
Global Growth, The New Coronavirus and Reactions
Market developments in the new year have been dominated by the viral outbreak originating in Wuhan, China: panic selling in copper and industrial metals, weakness in commodities and emerging market currencies, developed country sovereign yields back near their August lows, the U.S. yield curve has inverted once more, and stocks are running into resistance.