By Aaron Task In the market, it’s as if the novel coronavirus scare never happened. After a rough end to January, stocks have come roaring back. Major averages are back to all-time high levels, surpassing the previous records set on January 17.
The reality of coronavirus is different, of course. More than 900 deaths have been attributed to the virus, and more than 40,000 cases have been confirmed in China. More than 300 cases have been confirmed outside of China in 27 different countries and territories.
But that could be just “the tip of the iceberg,” the World Health Organization says.
And the economic impact is …read more
