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You’ve probably seen the headlines about the coronavirus outbreak in China. The CDC has now confirmed that the virus has reached the U.S. There’s concern out there about a potential epidemic. I’ve even seen some recent market action blamed on coronavirus fears. When you think about the possibility for an epidemic, you might think that would be bad for stocks. But there’s actually more compelling evidence in the other direction.
By Elliott Wave International5
22 ratings
You’ve probably seen the headlines about the coronavirus outbreak in China. The CDC has now confirmed that the virus has reached the U.S. There’s concern out there about a potential epidemic. I’ve even seen some recent market action blamed on coronavirus fears. When you think about the possibility for an epidemic, you might think that would be bad for stocks. But there’s actually more compelling evidence in the other direction.