Wikus Marais: Markets panicking because of how Govts reacting to COVID-19, not because of virus itself

Loading player...
In this segment from the latest episode of Rational Radio, economist Wikus Marais present the most cogent explanation you'll hear of why asset prices are plunging on the Coronavirus. He explains why the mortality rate of under 2% has nothing to do with it - but that the reaction of Governments to the spread of the virus is a threat to economic growth and thus to business. It's currently a race between the creation of a vaccine and the airborne spreading of the latest nasty to mutate from animals to mankind. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Mar 2020 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min