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Coronavirus Hikes Uncertainty for Investors

The COVID-19 pandemic has made lockdowns, quarantines and social distancing the norm in much of the world, which creates massive uncertainty for investors.

With optimism about containing the pandemic fading, markets reacted violently to the rapidly changing environment. The bull market in stocks turned 11 years old on March 9. A few days later, the bull market was officially over, and the start of a bear market was declared. Gains didn’t hold. March 16 brought the biggest S&P 500 decline since 1987 with the S&P 500 falling by 12%.

COVID-19 is far less lethal than the SARS, MERS and Ebola outbreaks. The frightening thing about COVID-19 is that it spreads remarkably easily and can be spread by individuals who don’t appear to be sick.

Sarah Goldberg
Sarah Goldberg

Sarah is a seasoned financial market expert with a decade of experience. She's known for her analytical skills, attention to detail, and ability to communicate complex financial concepts. She holds a Bachelor's degree in Finance, is a licensed financial advisor, and enjoys reading and traveling in her free time.

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