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Oil price war is one of the three worst things for virus-wracked markets — JPMorgan

Oil’s latest collapse has accelerated the convergence of central bank rate expectations toward zero

In these coronavirus-wracked markets, there would be three, hypothetical really bad events, according to John Normand, head of cross-asset fundamental strategy at JPMorgan.

One would be a large-scale shutdown of the US.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire