Coronavirus’ spread challenges U.S. investors’ blue-sky view

This translation has been automatically generated and has not been verified for accuracy.U.S. investors’ persistent optimism that the coronavirus will be short-lived is being challenged by increasing evidence that the virus has spread beyond China’s borders.

“The consensus has a very solid recovery in earnings this year. That is coming under pressure from loss of demand in Asia and also the stronger dollar.” Solita Marcelli, deputy Americas chief investment officer at UBS Global Wealth Management, said that a discussion about coronavirus at the firm’s weekly investment meeting on Thursday took more than an hour.

globeinvestor They will cry because she made them rich and is no more

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