Business News

This coronavirus share market crash is unlike those that have gone before it

Written by Kylie-Anne Richards, Lecturer, Finance Discipline, University of Technology Sydney

ALEXANDROS VLACHOS/EPA

Stock markets have crashed, we can be confident of that. History suggests there is no quick recovery from crashes like these, which means lasting consequences for investors.

The World Health Organisation declared the COVID-19 coronavirus a pandemic last Wednesday, wiping US$7 trillion off global equity markets. A day later,...

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