Coronavirus Stock Market Forecast – I Know First Presents New Special Package
Coronavirus Stock Market Summary:
- COVID-19 number of cases is increasing and, no signs of stopping;
- Automotive and airline companies may take the biggest hit in 2020;
- Medical and biotech stocks are the opportunities in this situation;
- Netflix and other streaming services can benefit from the outbreak.
Background
Due to Corona-virus (COVID-19) infectiousness characteristics, the disease started spreading globally since December 2019 despite the efforts made by Chinese government. On February 27, the World Health Organization published a report announcing that over 81,000 cases of the disease were confirmed, with 78,000 being in China. The number of deaths worldwide exceeded 3,300, with almost 300 of them outside China. With Brazil confirming its first case