The word "contagion" succinctly captured why there was chaos: investors were worried that the novel coronavirus, combined with an oil shock, would invade the global economy and cripple its growth.
In an interview with Business Insider on Monday, the Rogers Holdings chairman stressed that he did not know when the said crash would occur. In effect, he stands ready to take advantage of the buying opportunities that will present themselves during this episode. Indeed, volatility is the price investors pay to enjoy the long-term gains that stocks provide. Since 1980, the S&P 500 has suffered 31 corrections and delivered an average return of 23% one year from the bottom, according to data compiled by LPL Financial.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
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Global stocks tumble as oil crashesStock futures were down again Sunday evening as the novel coronavirus outbreak continues to roil financial markets. How do you know this, when it's only SUNDAY? The time is so perfect to invade China.
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U.S. stocks dive more than 7% as oil war and coronavirus fears slam marketsA collapse in oil prices is the latest fallout from the coronavirus oubreak and adds to the gloomy financial and economic outlook. Top-down design shows its limits in handling epidemics. 😥
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