Bond and currency markets sniff trouble on coronavirus pandemic risk, but equities dance on regardless

The Telegraph | Feb 14, 2020 at 6:00 AM
  • Exuberant equity markets have been telling one story since the coronavirus first escaped control in Wuhan.
  • Most are still dwelling on yesterday’s story of what a Chinese economic slowdown  for means global growth, even though events have leapfrogged ahead.
  • The world’s equity markets missed rising tensions over the five weeks leading up to the First World War.