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Add the stock market to the victims of corona virus infection. As of now, the Dow is down 934 points, and the S&P is off 103 points. Gold is up to over $1600 and bond prices are up a bit as money is moved into “safer” investments. Corona cases have now been found in S. Korea and in Italy. Obviously, the fear is that the epidemic will slow world economic growth.
US equities are due for a correction. But I don’t think the corona threat is serious enough to be the trigger.
https://www.investors.com/market-tr...-us-stock-futures-plunge-coronavirus-spreads/
US equities are due for a correction. But I don’t think the corona threat is serious enough to be the trigger.
https://www.investors.com/market-tr...-us-stock-futures-plunge-coronavirus-spreads/
