Coronavirus fears have gripped the market and sparked weakness, particularly in companies with a lot of exposure to China. But my take is these fears are overblown. Past outbreaks of viruses and lethal diseases like SARS, MERS and Ebola were successfully contained, and did not have much impact on the global economy. We’ll probably see the same thing with coronavirus.
For my take on why coronavirus fears are overblown, and related stock plays click here.