Markets Are Too Complacent About Coronavirus Despite Sell-Off

Nouriel Roubini

By Nouriel Roubini

By Nouriel Roubini

So expect a temporary positive market reaction when central banks signal an accommodative response to the global pandemic. But this reaction will fizzle out when the virus becomes more severe and the economic impact spreads globally.

Read the full article in The Financial Times.

Nouriel Roubini is a Professor of Economics and International Business and the Robert Stansky Research Faculty Fellow.