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Even if it takes longer, it's not permanent. Most components of the SP500 and other indices are not going to be bankrupted by this.
by robjan 7y ago
Even if it takes longer, it's not permanent. Most components of the SP500 and other indices are not going to be bankrupted by this.
- mantap 7y ago15-20% of people who get this illness require hospitalisation. In the worst case scenario where it infects a billion people... you can do the maths. There is a huge potential for disruption to production and supply chains, especially in developing countries with developing healthcare systems. If this situation gets out of control, it could trigger a global recession. Nobody is buying much from Wuhan for the foreseeable future. Imagine what would happen if it spreads across Asia.