Too embarrassed to ask: what is contagion?

Most of us probably know what “contagion” is in a biological sense. But it also crops up in financial markets. Here's what it means.

Too Embarrassed To Ask: what is contagion? - YouTube Too Embarrassed To Ask: what is contagion? - YouTube
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Most of us probably know what “contagion” means in a biological sense – particularly after 2020 brought it home to us in a very visceral manner. But it’s also a term that crops up in financial markets. And just as “contagion” almost always spells bad news in the real world, it’s also not a term you want to hear in market news.

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