By Matthew Carr The world is gripped by fear.
Global cases of COVID-19 are threatening to cross the 110,000 mark with more than 3,800 deaths.
As a result, anxiety is rattling the broader markets.
Including today’s dramatic, circuit breaker-triggering drop.
We know that coronavirus is devastating travel. Airline and cruise companies have watched their share prices be cut in half.
But the issues are far more widespread.
That’s because everything truly is “Made in China.”
And companies from Apple (Nasdaq: AAPL) and Hasbro (Nasdaq: HAS) to PayPal (Nasdaq: PYPL) and Starbucks (Nasdaq: SBUX) have issued warnings about the virus’s impacts on their supply chains and businesses.
Don’t make the mistake of …read more