A Coronavirus Fed Cut? Futures Say Yes; Debate Underway

We have consistently maintained that the coronavirus outbreak, though scary and fatal for nearly 2900 so far out of 84,000 cases according to John Hopkins Center for Systems Science and Engineering, should not create panic among investors for the long term. There have been lots of nasty headlines generated and the stock market has taken a surprising 12.8% dive from all-time highs into correction territory as a result, but history does not support what we’ve seen so far as a serious pandemic.

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