The final week in February saw the biggest weekly fall in equities, since the financial crisis in 2008. The catalyst has been a heightened worry that Coronavirus (or Covid -19) will expand from an epidemic to a global pandemic – killing many thousands of people and severely impacting travel, supply chains and consumer confidence. As of the month end, most …

We wrote in early February about the extent to which coronavirus (which causes the respiratory disease Covid-19) might impact markets, and we would wish to reiterate that view: Regarding the impact of such outbreaks or pandemics on stocks – we think what is important to understand is the base from where we started. Equities had a very good year in …