As the coronavirus goes global, markets have entered crisis territory and fear stifling economic effects will hamper long-term global growth.
Current news reports featuring unknown virus transmission chains, company profit warnings and event cancellations has increased public and market anxiety, resulting in strong volatility. Last week, the US Federal Reserve tried to calm investors' nerves by cutting rates in an alarming move last seen during the financial crisis - to little avail. Revealed: The coronavirus precautions put in place by the UK's asset managers Amid such market upheaval, a quantitative analysis of the Covid-19 sell-off can categorize the severity of the event and put a number on the probability of a reces...
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