Loading ...This looks like the classic left field hook, for yrs now the mkts have assumed the CB’s can bail them out, by printing etc…..well they can’t cure a virus o/n, or for months…..
Whatever this thing is, I have never seen the authorities act so draconially….
By the way I was told by someone who knows that the Insurers will have cut all cover to affected areas, by not stopping cover, but by inserting a new clause that says, if anyone catches the virus, by being in the area,they won;t pay out…so shippers will be liable for all costs of an infected ship.