Probably the best thing to say about world financial markets so far this year is simply that it has been quite a ride. If somehow you missed the coronavirus slamming the global economy like a wrecking ball, current market levels certainly do not reveal the wild swings that unprecedented events unleashed. Sure, world stocks .MIWD00000PUS are down nearly 9% for their worst start to a year in a decade, some big emerging market currencies are down over 15% and super low-risk U.S. government bonds and gold XAU= have returned 16%. But none of that is exactly unique. In fact some bits look distinctly bullish. The tech-heavy ... (full story)