• A prolonged COVID-19 pandemic could lead to a sharp correction in the stock market, IMF warns

    12 days ago - By Business Insider

    Summary List Placement
    Should the COVID-19 pandemic continue for longer than expected, the economic consequences will likely lead to a sharp correction in global stocks, the IMF warned on Tuesday.
    Extraordinary policy measures from governments around the world helped stem the decline in stocks since the initial February decline, but underlying economic conditions remain weak and the future outlook is highly uncertain, the IMF said.
    Investor worry over a potential prolonged COVID-19 pandemic could have been heightened on Tuesday after Johnson & Johnson paused its phase III vaccine trial due...
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  • IMF warns of ‘sharp adjustment' in financial markets despite 'remarkable' recovery this year

    IMF warns of ‘sharp adjustment' in financial markets despite 'remarkable' recovery this year

    12 days ago - By CNBC

    Equity markets could tank in the coming months if the coronavirus crisis persists and the economic recovery takes longer than expected to materialize, the International Monetary Fund has warned.
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