Could coronavirus fears hit the markets again this week? - AliVelshi
This week I’m looking to see whether investors will struggle with the stock market sell-off, as they did last week, or whether there is panic selling, when the majority of trades through the course of the day are made at a lower price than the trades before, which we haven’t yet seen.
We came nowhere near the top 10 biggest percentage drops on major markets last week. We’d have to drop close to 8 percent in one day, or 18.5 percent in one week to even be in the record-breaking game. The biggest single day drop was 22.6 percent in the crash of 1987. By contrast we lost a little more than 10 percent last week. Nothing to sneeze at, but this isn’t panic selling.
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