Nomura: ““We are concerned that global markets thus far appear to be significantly underestimating the extent of disruption”

(Reuters) “Asian share markets followed Wall Street higher on Tuesday even as China’s factories struggled to re-open and analysts warned investors might be underestimating how economically damaging the challenge was likely to be.

“Analysts at Nomura said measures of returning workers and passenger traffic flows within China suggested the virus had “a devastating impact on China’s economy in January and February”. Read more

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