10% Plunge In Stocks ‘Looking Much More Probable’ as Coronavirus Spreads – Goldman Sachs
Analysts at Goldman Sachs believe the market may be underestimating the impact of coronavirus on corporate earnings and economic growth. The novel disease has infected nearly 76,000 people, killing 2,130 in the process. Some scientists believe the actual infection rate is much higher. U.S. stocks closed at record highs
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