Markets fall as prospect of winter lockdowns in Europe trigger sell-offs

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Fears strict curbs will also mean halt to region’s fragile recovery prompts ‘avalanche’ of selling

Stock markets around the world have lurched downwards, as mounting gloom at the prospect of winter Covid-19 lockdowns across Europe triggered an “avalanche” of selling.

 

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There was the same experience of last winter and spring, why step on the same rake twice. The greater the insulation, the greater the losses, the more restrictions and prohibitions, the lower the position. Last time the market came out only the account of Internet companies.

Remember stock markets are NOT the economy.

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