2020-03-26 18:20
IndustryInvestors look to 2008 for guidance
Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock markets that have plunged 30% from their February record highs because of the coronvirus crisis.
That inflection point is not easy to model when the virus is still spreading rapidly across Europe and the United States.
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Investors look to 2008 for guidance
Philippines | 2020-03-26 18:20Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock markets that have plunged 30% from their February record highs because of the coronvirus crisis.
That inflection point is not easy to model when the virus is still spreading rapidly across Europe and the United States.
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