How Strategists and Investors See Coronavirus Playing Out

(Bloomberg) — A raft of new coronavirus cases in numerous countries outside China over the weekend has redoubled concern about the ability of the illness to spread, and potential economic impact.South Korea’s Kospi dropped as much as 3.8% after the country’s count of cases rose quickly to 763, and the government raised its infectious-disease alert to the highest level. Italy’s government imposed a lockdown on an area of 50,000 people near Milan and took other measures as infections exceeded 130. Iran reported an eighth death with 43 cases.That’s all on top of the impact on hardest-hit China, where millions of …read more

Source:: Yahoo Finance

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