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 financial markets may remain choppy in the weeks ahead
The markets remain supported by strong fundamentals, such as growing earnings, sturdy consumer spending, a healthy labor market and cooperative inflation. Given the economic momentum, Fed Chair Powell indicated that the central bank is in no hurry to lower interest rates further.
Consumers can now access goods from anywhere
China’s run of corporate defaults deserves a close watch by investors
