INVESTING SHOW: When will stock markets stop their coronavirus slide – and what kind of rescue could trigger a bounce back?
The world has been turned upside down and stock markets are in turmoil as countries press the pause button to try to stop coronavirus spreading.
Central banks have staged repeated rescue attempts but none of these have proved enough to stop the slide, with the worst falls on both the US and UK stock markets since Black Monday in 1987.
When will shares stop falling and what does a rescue that’s big enough look like?
On this episode of the Investing Show, Simon Lambert and Richard Hunter discuss how bad the falls have been, which sectors have been hit hardest and what the prospects are for a bounce back.
They also discuss why Bank of England, Federal Reserve and European Central Bank measures have not been enough to calm investors’ nerves and why instead of monetary policy, businesses and investors are looking to governments for action.
The UK stock market’s slide, as measured by the FTSE All Share index above, has been swift and brutal as coronavirus fears and panic selling have gripped