“Coronavirus fears could trigger a 10% to 20% selloff in the stock market: strategist”
February 3, 2020
“The economic wildcard that has become the coronavirus may not yet be done wreaking havoc on global stock markets. In fact, things could get much worse before they get better.
“In a worst-case scenario, global equities could fall by as much as 10% to 20% before recovering,” cautions Invesco chief markets strategist Kristina Hooper. “The longer the coronavirus spreads without government authorities being able to slow its spread and stabilize the contagion, the more impactful it will be to economies and markets.”…”
So we’re going to get a 20% discount because the market is over reacting? Be ready to buy back those juicy stocks once this blows over.