A market in turmoil over fears of a coronavirus-induced global recession

On the Monday after Lehman Brothers collapsed in September 2008, the FTSE 100 fell 3.9%, which we now know was a woefully complacent first take on events. London’s blue-chip index, then at 5204, went on to shed another 1,400 points in the following six weeks.

from Pocket https://www.theguardian.com/business/nils-pratley-on-finance/2020/feb/27/a-market-in-turmoil-over-fears-of-a-coronavirus-induced-global-recession
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