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Tuesday, February 25, 2020

Why do I Expect Stocks to Keep Falling

I expect stocks to keep falling through this week, since the failed coronavirus containment in Italy. Some analysts would have expected rebounds for Tuesday after Monday's slide sustaining their predictions on 'normal' precedents on the market. Nevertheless, in this case, we're facing a continuos myriad of coronavirus outbreak related announcements. Since they are not independent and distanced menaces, but continuos ones that risk to keep increasing, a rise on the market in the coming days would be certainly uncanny. With stocks poised to lower prices, investors would rather not buy until the situation becomes stable.

Update
With a statement deeming the spread of the virus over the US as inevitable, the previous arguments make a cause.

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