(Bloomberg) — Italy’s escalating coronavirus battle helped mark the onset of a global stock market collapse that erased $20 trillion in four weeks. Now, its campaign against the pandemic is being scrutinized for clues on how much further this once-in-a-generation crash will go.While market players are being bombarded with support measures from central banks and the global stimulus pledge is $3 trillion and growing, the number that traders are playing close attention to is the Italian infection growth rate. Since the country was the first in Europe to implement lockdown measures, market participants are looking for clues on how effectively …read more
Source:: Yahoo Finance