It’s a ‘Swimming Naked’ Moment: The Financial System Has a Real Test – The New York Times

With a contagious virus seemingly out of control; supply chains disrupted and travel and tourism collapsing; an oil price war that has sent crude prices plunging to their biggest one-day drop since 1991; and stocks that may have just careened into a bear market for the first time in 11 years, the financial system is about to undergo its first real-life stress test since the financial crisis and recession more than a decade ago.

Source: It’s a ‘Swimming Naked’ Moment: The Financial System Has a Real Test – The New York Times