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Coronavirus Is NOT The Reason For Today's Sell-off

From energyandcapital.com

Every major media and financial outlet blamed today's market sell-off on spreading coronavirus fears. Too bad it's bullshit. Let's take a look at some of today's headlines: Dow Industrials Close 1000 Points Lower as Coronavirus Cases Mount – Wall Street Journal U.S. Stocks Plunge as Coronavirus Crisis Spreads – The New York Times Coronavirus Is Cratering the Stock Market. Why It Can Still Get Worse – Barron's U.S., Global Markets Plunge as Coronavirus Cases Spike Outside China – Washington Post Dow Ends More Than 1,000 Points Lower as Coronavirus Spread Sparks Fear of Global Economic Hit – MarketWatch Global Stock ... (full story)

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  • Category: Fundamental Analysis