Coronavirus sends markets into a panic: Theme of the Week

Follow Us People in dozens of countries are in varying states of panic about the spread of the highly contagious coronavirus. It's possible, though, that traders in the world's financial markets are panicking more than most about Covid-19. Last week, markets took investors on a wild ride that ended on a shockingly fast low note as companies put a halt to business travel and warned of hits to profits; countries banned large-scale events and enacted quarantines; and even theme parks closed their gates (cruise lines have been feeling the pain for weeks). The good news? Some sectors are in perfect position to profit from the panic, which is — so far — heading off a total collapse, and broader signals indicate that markets are strong enough to survive the crisis should it be relatively short-lived. Bloomberg Opinion will keep you updated on all the latest developments and what they mean for the global economy. How to Tell When Markets Finally Reach a Bottom — Jim Bianco Markets Are in Crisis, Not the Financial System — Brian Chappatta Clorox Bleach Beats 99% of Germs — and Stocks? — Tara Lachapelle China's Policy Flip-Flops Are Scaring Investors — Shuli Ren Markets Have Three Virus Scenarios to Consider — Aaron Brown Markets' Viral Random Walk May Get Far More Volatile — John Authers Markets Are Pricing in a Coronavirus Recession — Marcus Ashworth Bond Traders See Fed Facing an All-or-Nothing Decision — Brian Chappatta U.S. Stock Market Appears Most Vulnerable to Virus Shock — Nir Kaissar Give Pandemic Bonds a Chance — Aaron Brown A Global Rout Is a Great Time for a Command Economy — Shuli Ren Utilities Are Priced for Pandemic, Er, Perfection — Liam Denning Coronavirus Can't Stop the CoCo Bond Express — Marcus Ashworth How Low Can Bond Yields Go? No Record Is Safe. — Brian Chappatta Don't Mistake This Stocks Selloff for a Panic — John Authers This is the Theme of the Week edition of Bloomberg Opinion Today, a roundup of our top commentary published every Sunday.   Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more.   You received this message because you are subscribed to Bloomberg's Bloomberg Opinion Today newsletter. Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022