Samuel Leach: Coronavirus Outbreak’s Impact on Financial Markets
By Samuel Leach, Founder and CEO of Samuel & Co. Trading In contract law, there is a very common clause known as “force majeure“. This French phrase means “superior force”. Another form of the clause is “cas fortuit“, which translates, perhaps more aptly, to “chance occurrence” or “unavoidable accident”. And according to economist Willy Shih, …
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