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Why Is The Coronavirus Freaking Out Markets Faster Than The SARS Outbreak Did?

2020-01-29 1,979 Dailymotion

Markets Insider reports the outbreak of the coronavirus from Wuhan, China, is roiling markets.<br />In fact, asset prices are being hit much faster than they were in 2003, when there was a global outbreak of SARS.<br />According to Principal Global Investors chief strategist Seema Shah, there are three reasons for this.<br />Social media has information travelling faster than ever, which creates "a global echo chamber" for such chaotic market movers.

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