Anti-risk haven assets like the Japanese Yen, Swiss Franc, gold and government bonds hardly needed another source of support but may have found one in rising levels of chatter that markets might be closed as part of the global coronavirus response, even if the prospect of action must be small. The Wall Street Journal reported this week that a two-week stock market closure was one measure proposed to Bank of England Governor Andrew Bailey on Monday by prominent but unnamed London fund managers. This desire may well be understandable. Risk appetite is under severe pressure and it’s hardly surprising that on any given ... (full story)