Black Swan or Buying Opportunity?
March 6, 2020
More than two months has now passed since China first alerted the World Health Organization of several flu-like cases in Wuhan, the capital of Central China’s Hubei province. With nearly 100,000 confirmed cases and more than 3,000 deaths, the new coronavirus has spread faster and claimed more lives than the 2002 SARS outbreak. The virus has spread to at least 70 countries, including the United States, forcing businesses to close, airlines to ground flights, and worried people to shutter themselves indoors.