TOKYO: Financial markets have been thrown into turmoil following Saudi Arabia’s response to the collapse of OPEC+ talks and concerns about the global spread of the coronavirus.<\/p>\n
Following are comments from analysts: <\/p>\n
“What I’m seeing is a confluence of two black swan events: Coronavirus reaction and oil. <\/p>\n
“Investors haven’t gone to guns and butter yet. They haven’t made the shift to Procter & Gamble and Pepsi Cola from tech stocks. Those are the sort of things I look for, but until I see that I’m struck that there’s more downside vulnerability. <\/p>\n
“The other side of it is debt. As oil prices fall and credit markets tighten, a lot of companies are not going to be able to refinance their debts or extend maturities.”<\/p>\n","protected":false},"excerpt":{"rendered":"
TOKYO: Financial markets have been thrown into turmoil following Saudi Arabia’s response to the collapse of OPEC+ talks and concerns about the global spread of the coronavirus. Following are comments from analysts: “What I’m seeing is a confluence of two black swan events: Coronavirus reaction and oil. “Investors haven’t gone to guns and butter yet. They haven’t made the shift to Procter & Gamble and Pepsi Cola from tech stocks. Those are the sort of things I look for, but until I see that I’m struck that there’s more downside vulnerability. “The other side of it is debt. As oil […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-340998","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=340998"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340998\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}