Equity investors not ready to call the bottom

By Sam Kerr
27 Mar 2020

US and European stocks rallied this week, recovering some of the losses suffered during the worst equity market sell-off since the 2008 financial crisis, but investors are not ready to pile back into the market yet, fearful of the spread of the Covid-19 coronavirus in the United States.

Equity markets have largely rallied in response to huge stimulus packages revealed by the US and various European governments.  The FTSE 100 is up 7.2% since the close of business last Friday and on Tuesday closed up 9.2% for the day, the German Dax up 14.7% and the ...

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