Black Monday collapse: 'Too late to panic'

The list of infamous stock market disaster days just grew by one. And it’s not over yet.

This week’s “Black Monday” frantic sell-off of riskier assets in light of the global economic impact of coronavirus paired with an oil price war saw markets around the world plummet. The FTSE 100alone fell by 8 per cent of its value as trading opened on Monday morning. By Tuesday morning, prompted by hasty…

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