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Coronavirus, Economy, and Upcoming Election

We left off last month warning of pending volatility and that gains in 2020 will be “harder to come by.” Action in the last week of January is Exhibit A. News of a coronavirus outbreak sent markets down, wiping out year-to-date gains. We’re faced with a mixed bag of factors to consider. Several support the markets, some are risks, and others are “to be determined.” As T. Rowe Price chief investment officer Justin Thomson said in Price’s Global Market Outlook piece, investor will need to be “comfortable with the uncomfortable” to take advantage of opportunities in 2020. The Coronavirus is the bad news US stocks have been waiting for after a nearly straight line up since early October, 201

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