Can we stop the clock?

“I have seen power blackouts as enemy bombers flew overhead, have stood in long queues to collect kerosene, and have lived through food shortages, but have never experienced anything like this before,” said my mother a few days back. Unfortunately, from the perspective of economic forecasting and the financial markets, neither have most —if not all — of the current crop of observers, including this author. Prior global viral pandemics were either too localised (SARS in 2003), or were too far back to have analytical value even if they triggered lockdowns: The 1968 Hong K.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.