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The outbreak is hammering tourism, retail, and airline stocks, while healthcare stocks are rallying. Markets are set to close for the Chinese New Year holiday.
"We would argue the risk of an economy-crippling pandemic is a good enough reason to sell out," one analyst said about Chinese stocks.
The founder of the world's biggest hedge fund argued a weaker dollar and growing money supply would erode the value of cash.
The market and the tech sector have reached a point that warrants a change in view from bullish to neutral, the analysts wrote.
Stocks are sinking on fears of the deadly virus in China — ‘Markets are worried about this spreading to more cities’
Travel, retail, luxury, and airline stocks fell on concerns of a coronavirus outbreak. Millions will travel across Asia this weekend for Chinese New Year.
There's a widening gap between wage and stock growth, and its only accelerated since Trump's inauguration in January 2017.
‘Inequality in a nutshell’: Alexandria Ocasio-Cortez says the Dow’s record high is meaningless for many Americans
"The Dow soars, wages don't," the New York congresswoman said, arguing that stock-market gains don't benefit most salaried workers.
Alexandria Ocasio-Cortez said cheering for soaring stock prices while wages stay low is ‘inequality in a nutshell.’ We made 6 charts to sh...
Nearly half of Americans don't own stocks at all, and the lion's share of stock ownership is concentrated in the wealthiest 10% of families.
"When you look at the geopolitical strife, how many foreign entities really want to hold dollars?" Bridgewater co-chief Greg Jensen told the Financial Times.
JPMorgan beat analysts' expectations as fixed income and equities fueled record revenues in its corporate and investment banking division.