Seldom have global stockmarkets fallen so sharply as in early March 2020.
On 12 March, shares prices across Europe and the US fell by roughly one-tenth. The FTSE 100 Index of the largest UK company shares shed 11%, representing its biggest single day drop since 1987.
The effects of the coronavirus pandemic on society look set to be severe, with the disruption to our daily lives only put into humbling perspective by its threat to life. Its effect on market sentiment has been severe, with the gloomy mood of investors reflected in tumbling share prices.