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Stock impact report

Covid-19: Have Markets Gone Too Far? [Forbes]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: Forbes
The market response to Covid-19 has been swift and apocalyptic. All major indices have seen double digit falls in a matter of a few days. With over 3,000 deaths, the human cost of the virus is undoubtedly high, but are stock markets over-estimating the economic cost? have form in over-reacting to crises. The reaction to everything from SARS to tensions in the Gulf tends to be to sell-off first and ask questions later. There is no road-map for how the Covid-19 pandemic will develop, which gives rise to uncertainty. aren’t keen on that. But have they gone too far? Or could they still go lower? There is an argument that it is entirely rational for markets to sell off because the economic impact of efforts to curb the virus may be severe: people don’t want to travel, which hurts airlines and leisure industries; people may self-isolate which hurts productivity. In extremis, it may disrupt trading routes and supply chains. T Rowe Price has made efforts to quantify this. It has looked at t Show less Read more
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