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MARK TO MARKET

Covid-19 will reshape economic thinking, create big buying opportunity

Amid looming corporate earnings slump, ineffective rate cuts will be truly frightening for the markets

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Two months ago, when people were still referring to Covid-19 as "the China virus", global markets seemed ambivalent about the depth and duration of any economic slump that lay ahead. The initial sell-off in stocks was shallow and short-lived, though the US dollar was quietly strengthening.

TWO months ago, when people were still referring to Covid-19 as "the China virus", global markets seemed ambivalent about the depth and duration of any economic slump that lay ahead. The initial sell-off in stocks was shallow and short-lived, though the US dollar was quietly strengthening....