An Pham Investment-Coronavirus fears trigger biggest one-day fall on US stock market
- Pham Family Magazine
- Feb 29, 2020
- 1 min read
The year 2019 ended with a spectacular rally despite all the uncertainties and is officially one of the best years for stock markets. Today, after this great performance, a rising number of analysts and economists are predicting a stock market crash for 2020.
The prediction of economic crisis from economists is going on since the 2008 meltdown: from the European debt crisis of 2010, to 2013 announcements of tapering, from 2015 China’s slowdown to Brexit and trade wars.
While there have been periods of sell-offs, we haven’t seen any major market crash following these events.
In short, a market crash was predicted many times over the last decade.
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