Steve Sosnick, Interactive Brokers’ chief strategist, explains the market term “black swan” and if the coronavirus fits the description.
With the outbreak causing various global impacts, investors may see some sell-offs. He recently covered this topic in a Traders’ Insight article: Contagion!
Photo Credit: Purple Slog via Flickr Creative Commons
Japan’s Nikkei 225 Index is up almost 20% this year, a four-year high.
Nearly $2.8 trillion of market capitalization has been wiped out from just six companies
US equity indices did well in 2012, but international markets did even better.
For over a month, I’ve been concerned that markets have been pricing in a pair of conflicting economic scenarios. We first laid out the paradox in early December: equity investors say that they are hopeful for a soft landing for the economy yet seem to relish signals of more overt weakness.
