Markets

Aviation and hospitality stocks — value buy or false bottom?

Aviation and hospitality stocks are bearing the brunt of the meltdown but bottom fishing could be a tricky affair

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The deadly coronavirus is a ‘ticking time bomb’ is what the boffins are saying, and investors around the globe would agree to that. It has been a rollercoaster year. What weakening economic growth, credit crunch and consumption slowdown together could not do in more than a year, the virus achieved within a week —triggering the sharpest fall in twenty years.