‘We Call It Uninvestible’: Views on Markets After Another Rout

(Bloomberg) — After twice seeing stocks on Wall Street tumble by the most since 1987 in recent days, market participants are largely averse to calling a bottom to the rout in global equities.Investors are grappling in the dark on earnings estimates as authorities around the world shut down economic activity in an effort to avert a humanitarian disaster caused by the coronavirus. That’s overshadowing moves by economic policy makers to cushion the impact. With volatility expected to remain high, traders are on the lookout for more fiscal stimulus and, most importantly, evidence the outbreak is on the wane.Here are some …read more

Source:: Yahoo Finance

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