China’s stock market plunge in response to fears the Coronavirus could become a pandemic

The Chinese stock market recorded their worst trading day since 2015 when the Shanghai Composite Index opened this morning and gave investors the opportunity to react to the coronavirus outbreak. 

Markets plunged 8% this morning, prompting concerns about how the novel coronavirus outbreak is affecting the economy. 

Chinese officials have confirmed there are now over 17,000 cases of the coronavirus in China, and the Philippines have now recorded the first death of the novel coronavirus outside of China. 

How will this decline in the Chinese stock market affect other markets? Jeffrey Sandler is a Portfolio Strategist with Linton Wealth Management for Raymond James, and he joins us with the details…  

Guest: Jeffrey Sandler

Portfolio Strategist, Linton Wealth Management
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The Chinese stock market recorded their worst trading day since 2015 when the Shanghai Composite Index opened this morning and gave investors the opportunity to react to the coronavirus outbreak. 

Markets plunged 8% this morning, prompting concerns about how the novel coronavirus outbreak is affecting the economy. 

Chinese officials have confirmed there are now over 17,000 cases of the coronavirus in China, and the Philippines have now recorded the first death of the novel coronavirus outside of China. 

How will this decline in the Chinese stock market affect other markets? Jeffrey Sandler is a Portfolio Strategist with Linton Wealth Management for Raymond James, and he joins us with the details…  

Guest: Jeffrey Sandler

Portfolio Strategist, Linton Wealth Management

Learn more about your ad choices. Visit megaphone.fm/adchoices