Coronavirus: Emerging Numbers Provide Reasons for Calm
Stock markets across the globe have declined by double digits in the last week as investors brace for the economic impact caused by efforts to contain the novel coronavirus outbreak. Shuttered factories, deserted transportation centers, closed schools, and government lockdowns will likely have a chilling effect on industrial output, consumer spending, and general economic productivity.
There's growing concern that cases and clusters of cases of the novel coronavirus, called SARS-CoV-2, could eventually force the World Health Organization (WHO) to begin referring to the situation as a global pandemic. Whether or not the dreaded term is applied, panic isn't going to help.
Encouragingly, the first real analysis of cases provide reasons for calm among concerned investors and individuals.
Source Fool.com
