U.S. consumer spending could see one-two punch from stocks drop, coronavirus
The coronavirus outbreak has
yet to spread meaningfully to U.S. shores, but fears of it alone
have already eviscerated some $2 trillion of American stock
market value, setting off a market rout that could stymie
consumer spending – even before other economic effects of the
disease are felt.
yet to spread meaningfully to U.S. shores, but fears of it alone
have already eviscerated some $2 trillion of American stock
market value, setting off a market rout that could stymie
consumer spending – even before other economic effects of the
disease are felt.
Posted by Reuters
