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Stock impact report

‘This Is All Coming to a Head’: Investors React to Market Chaos [Yahoo! Finance News]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
) -- On the last day of a historic week for global markets, there’s little sign of an end to the volatility that roiled bonds and currencies and sent stocks to their steepest plunge since the depths of the global financial crisis. Mounting concerns that the coronavirus pandemic will spark a worldwide recession fueled a fresh round of selling in Asia on Friday. The slide triggered trading halts in Thailand, South Korea and Indonesia, while Japanese equities sank as much as 10%. Some policy makers rushed to limit wild fluctuations in currencies and sovereign debt. Here’s what strategists and investors are saying about the market turmoil: Coming to a Head “This is all coming to a head very rapidly,” said Brian Barish, chief investment officer in Denver at Cambiar Investors LLC, which manages about $14 billion. “ are making it loud and clear that a business-as-usual approach is untenable. We are buying cosmetics and booze and select industrial businesses with pretty durable forms of deman Show less Read more
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