By Alexander Green The stock market took a hit when news of the coronavirus first spread. But now it’s right back up again.
Today, Alexander Green’s market analysis reveals why investors are choosing to look beyond the negative effects of the outbreak.
On January 30, I wrote a column called “How to Play the Novel Coronavirus.”
In that piece, I pointed out that the virus was spreading rapidly and had already crippled China’s land, rail and air transport.
I noted that its spread would hurt retail sales, curtail tourism, diminish global GDP growth and disrupt the intricate cross-border supply lines of thousands of multinational corporations.
Yet I implored …read more