If You Do This, You'll Make Money Every Time
Over the past six weeks, Wall Street and Main Street have received a number of harsh reminders. Namely, that the stock market can, indeed, go down, and that the reason for a stock market correction is rarely known ahead of time.
Although Wall Street made a valiant effort to ignore the potentially disruptive impact of the coronavirus disease 2019 (COVID-19) through mid-February, it became impossible to sweep under the rug when the illness began popping up in our own backyards. Today, we're witnessing unprecedented mitigation efforts designed to flatten the curve and slow the spread of the coronavirus, which has killed approximately 34,000 people worldwide as of early Monday morning, March 30, per Johns Hopkins University.
Unfortunately, the side effect of these mitigation efforts is an abrupt halt to nonessential economic activity, leading to supply chain disruptions and layoffs within the U.S. and around the globe. It's these uncertainties that have Wall Street on edge.
Source Fool.com
