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The stock market got spooked again as investors sold off stocks and bought bonds as more confirmed cases of 2019 NcoV, or Wuhan Coronavirus, were reported. As China implemented travel bans and quarantined cities, the stock market fell the most as a US Senator confirmed the 3rd case of Coronavirus in the states and said there is 63 suspected cases.
With that type of reaction I thought I would go over the economic effect of coronavirus and how it could effect the economy. I then use that to talk about my larger theory of what is keeping the stock market up and what it would take for there to be a 2020 stock market correction or crash, but mainly down turn. Looking through history the effects of this virus could have big effects and this paired with some external risk factors could bring back some heavy market volatility
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#Stockmarket #NcoV #economy
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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