Heard on the Street: Some of Wall Street’s reassuring statements about coronavirus could be wildly off, and so, too, their expectations of the economic disruption the virus could cause
Investors and analysts are racing to figure out how far the coronavirus outbreak will spread and what its eventual impact will be. Unfortunately, many are making assumptions that actual disease experts caution against. Some of Wall Street’s reassuring statements about the epidemic could be wildly off, and so, too, their expectations of the economic disruption the virus could cause.
As of Monday afternoon there were 40,787 confirmed cases of coronavirus around the world, according to Johns Hopkins Center for Systems Science...
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