By Marc Lichtenfeld The market is in chaos.
It has had outsized moves nearly every day since February 19.
The coronavirus is scary stuff. Because it’s so easily transmitted, even from people who show no symptoms, it could prove very tough to avoid.
And aside from the human toll, which is frightening enough, the economic impact could be tremendous.
The travel and events industry is getting annihilated as people cancel trips and conferences. The ripple effect from people holing up in their homes is likely to be significant.
Consider…
The airline industry could lose out on between $63 billion and $113 billion in revenue.
The Organization for Economic Cooperation and …read more
