SFY - Market Volatility Continues As Spread Of Coronavirus Intensifies
On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Research Analyst Brian Yadao discussed the latest economic and market developments amid the ongoing coronavirus outbreak.
Short-term economic impacts likely as outbreak broadens
The number of coronavirus cases worldwide surpassed 100,000 on March 6, in what Eitelman called a very significant broadening of the epidemic. With the virus largely contained in China, markets have been keying in on the spread of the virus across developed markets, he noted.
Increasing evidence of a significant ramp-up in the outbreak across the U.S.-particularly