If you think that stock markets had to fall sometime, it may be a relief that the cause is the Coronavirus. Not to belittle its seriousness etc.; but it is quite likely that, come the summer, we’ll wonder what all the fuss was about. It would be more worrying if they were worrying about the current or potential state of various economies, debt levels, or, over here, too many houses being built and You Know What. Apparently, they’re not and I’d guess that, somewhere, somehow, some rich people are going to get a lot richer as a result of it all. As ever.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.