The global equity markets saw a major sell-off last week with the Dow Jones Industrial Average (DJIA) slipping into bear terrain. The Nifty50 index hit a lower circuit on Friday as panic spread. MARC FABER, editor and publisher of The Gloom, Boom & Doom Report, tells Puneet Wadhwa that investors are too complacent about the impact the coronavirus pandemic might have on global economic activities. Though the markets may see a strong rebound in between this slide, they will be unable to reclaim the highs. Edited excerpts:
How do you see the global financial markets play out in the backdrop of