in a crisis, the needs of customers don’t go away. If you can imagine new answers to meet those needs, you may make major gains.
Another shoe falls. Reuters reports this morning:
Major stock indexes plunged on Monday morning as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans.
The European banks index shed 4.8%, and is down 20% from its recent closing high. (.SX7P)
In Asia, the Hang Seng’s (.HSI) fell -13%. The drawdown in Hong Kong was the largest since the height of the global financial crisis in 2008.