In case you are not familiar with what "black swan event" means: The Coronavirus Is A Black Swan Event That May Have Serious Repercussions For The U.S. Economy And Job Market
I'm not as convinced as the Forbes piece asserts but it very well be one since the market has done almost nothing but go up for a long time now. Certainly the markets have taken a hit today.
And if the disease spreads as easily and quickly as some reports assert, then yes, the market and the economy will take a hit.
I'm not as convinced as the Forbes piece asserts but it very well be one since the market has done almost nothing but go up for a long time now. Certainly the markets have taken a hit today.
And if the disease spreads as easily and quickly as some reports assert, then yes, the market and the economy will take a hit.