Shock and awe: Why the economic crisis is being caused by 'a series' of incidents

Moved beyond a 'single demand shock'

clock • 5 min read

Though the focus of media reports is rightly on the Covid-19 virus and the human impact it is having on communities around the world, what makes this volatility episode in markets different to previous ones in the post-Global Financial Crisis era is that it is in fact composed of a series of shocks to the global economy rather than a single event such as investors have experienced in the recent past.

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