Next 24 hours: When a 10% decline isn't a big deal
Today’s report: Pins and Needles
Market panic has intensified into Thursday, with US equities extending the slide on coronavirus fallout. The US FDA has said the world is on the cusp of a pandemic, while President Trump has warned it may get fairly substantially worse. The market is pricing in 70 basis points of Fed rate cuts in 2020 as a consequence. read report