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COVID-19 Worry Overblown; Market Discounts Recession

COVID-19 Worry Overblown; Market Discounts Recession

- Given past outbreaks, investor panic over coronavirus health risks looks overblown

- Case growth slowing in China; it reportedly shut down last temp COVID-19 hospital

- There will be some economic disruption through 2Q but market should recover

If you haven’t noticed, this column is called Signal from Noise, the point being to ignore the noise and focus on the market’s signal. Normally that’s what I try to accomplish...

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