Markets underprice coronavirus risk – UBS chairman on Bloomberg TV
Markets are underpricing the risk
that the coronavirus outbreak poses to the global economy, and
central banks need to help business survive the impact of the
virus, the chairman of Swiss lender UBS, Axel Weber,
said.
that the coronavirus outbreak poses to the global economy, and
central banks need to help business survive the impact of the
virus, the chairman of Swiss lender UBS, Axel Weber,
said.
Posted by Reuters
