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
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,...