By Aaron Task Greed was the dominant mood on Wall Street at the start of 2020. Now fear has entered the room.
U.S. stocks slipped last week, and global markets tumbled Monday amid growing concern about a new strain of coronavirus and its potential to derail the global economy.
Before going further, I acknowledge it is grotesque to discuss money when people’s lives are in danger. But it’s important to understand that the market doesn’t exist in a vacuum, and when crises hit around the world there is bound to be financial fallout as well.
The death toll from the outbreak hit 80 on Sunday in …read more
