Markets could see a turbulent week as investors watch coronavirus, economy and election

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Uncertainty around the coronavirus could carry more weight in markets than corporate earnings, upcoming inflation and spending data.

Earnings, retail sales and inflation data matter to markets in the week ahead, but not as much as developments related to the coronavirus.

The impact on travel in China and elsewhere has so far been one of the biggest effects from the virus, but analysts are watching companies to see what they say about it, particularly as some Chinese factories reopen. Volatility will be the common denominator no matter which way the market trades, and that was evident in the surge higher, and then the decline in Tesla in the past week.

Traders fill orders in the S&P options pit near the close of trading on the Cboe Global Markets trading floor on January 31, 2020 in Chicago, Illinois.The uncertainty around the coronavirus could continue to carry more weight in markets than corporate earnings or the consumer inflation and spending data expected in the week ahead.with stocks sharply higher four of the five days as investors viewed the virus' progress to be less rapid than feared.

Stocks were lower Friday even after a much stronger-than-expected January employment report showed 225,000 jobs were created — 65,000 more than expected. Treasury yields, higher much of the week, edged lower Friday, and the"The data has been very positive, but it's looking in the rear view mirror. It doesn't take into account any concerns about the coronavirus yet," said Michael Arone, chief investment strategist at State Street Global Advisors.

 

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Markets could see a turbulent week as investors watch coronavirus, economy and eating contest

No worries the FED will make sure the rich stay rich.

bitcoin is your friend in such times!

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