(Nouriel Roubini) Markets have been complacent despite sell-offs

ft.com/content/e0ca01ee-57cb-11ea-abe5-8e03987b7b20 Until this week, the market reaction to the virus had been mild — after a dip in late January, US and global equities rallied to new highs. This complacency was based on a number of flawed assumptions. First, that the epidemic would be limited mostly to China, rather than becoming a global pandemic. Second, … Continue reading (Nouriel Roubini) Markets have been complacent despite sell-offs