Aircraft carriers and commodities may suffer from Coronavirus
With the emrgence and diffusion of the deadly Coronavirus, we already see that Airline stocks, together with Hotels (suchs as Melia), oil prices and luxury products are exposed to the negative impact. In this context it is crucial to follow the topic.
According to USA today, the coronavirus has killed more than two dozen people and infected more than 800, with the epicenter in the city of Wuhan in central China. The virus can transmit from human to human, which increases its potential spread.
On the positive side, i think its important to mention that china is practically developed a cure for Coronavirus. To be more precise, "CORONAVIRUS treatment has been successfully administered, according to Chinese state media, after China raced to find a vaccine." Thus, if they achieve to stop the epidemic we can see a trend reversal.
Finally, companies in Shanghai cannot resume work before February 9 due to virus fight. As a result, Tesla and Apple stocks may suffer.
According to USA today, the coronavirus has killed more than two dozen people and infected more than 800, with the epicenter in the city of Wuhan in central China. The virus can transmit from human to human, which increases its potential spread.
On the positive side, i think its important to mention that china is practically developed a cure for Coronavirus. To be more precise, "CORONAVIRUS treatment has been successfully administered, according to Chinese state media, after China raced to find a vaccine." Thus, if they achieve to stop the epidemic we can see a trend reversal.
Finally, companies in Shanghai cannot resume work before February 9 due to virus fight. As a result, Tesla and Apple stocks may suffer.
Views and opinions for informational purposes only. Remember, past performance is no guarantee of future results.