NEW YORK/TOKYO -- Worries over the new coronavirus "variant of concern" have triggered a flight from risk in financial markets around the world as investors scramble to assess the implications for the global economic recovery and monetary policy.
Investors assess impact on economic normalization and Fed tapering
A trader on the floor of the New York Stock Exchange on Nov. 26: Investors sold off risk assets, from stocks and oil to cryptocurrencies. © Reuters
NEW YORK/TOKYO -- Worries over the new coronavirus "variant of concern" have triggered a flight from risk in financial markets around the world as investors scramble to assess the implications for the global economic recovery and monetary policy.