Market Volatility Reflects Surprise, Virus, Fragility: McKinsey & Co.

The video discusses the nervousness in markets due to the coronavirus and its business impact. It highlights three main factors causing market volatility: the breakdown in talks between Russia and Saudi Arabia affecting oil prices, the mid-term economic impact of COVID-19, and the fragility of some economies. The video emphasizes the need for businesses to plan for mid-term scenarios to achieve stability.

What challenges do fragile economies face in the context of the COVID-19 pandemic?

What is the hope expressed for clients and markets in relation to short-term volatility?