London — Global equities may be in turmoil amid fears about the spread of the deadly Chinese coronavirus, but JPMorganChase strategists say this could end up a buying opportunity.
While the sell-off in stocks could continue before the situation surrounding the infection improves, in the past such outbreaks led to a drop in share values of about 4.7% on average, the strategists wrote in a note. They retain a constructive view on world equities, adding that in the past, the more stocks have fallen on similar fears, the more they have rebounded later...
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