The First Cut is Deepest... by Prashant Bhayani, Chief Economist, Asia

from BNP Paribas Wealth Management · host Investment Strategy podcast

As discussed recently, the high likelihood of short term unwinding was possible given the overcrowded US equity market, and last week we finally experienced a huge unwinding of growth stocks in a big US sell-off. The swiftness as a result of how far we had climbed. The catalyst was the escalating concerns over COVID-19, particularly given the spread in Italy, South Korea and Iran, and this triggered the global market risk-off.Hosted on Ausha. See ausha.co/privacy-policy for more information.

Episode metadata supplied by the publisher feed · Published Mar 2, 2020

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