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
The recent rise in long-term yields and the health of the banking sector will be top of mind for investors while Powell and the committee consider how high and how long the fed funds rate should be.
Monetary tightening is increasing the risk of a technical recession
Pulling off an economic recovery will take a massive Fed effort
Follow the money in this hot market to spot developing trends.
