Market is down due to Coronavirus

Published on 2020-02-29 by Mohd

Fears of a global Coronavirus pandemic has started a market correction. S&P 500, Dow and NASDAQ all posted negative percentages. This has been the worst week for the U.S stock market since the finacial crisis of 2008. Expectation for the Fed to step in and stop the bleeding are high. The next Fed meeting is expected to be in 3 weeks, however there may be an emergency meeting for an emergency rate cut.

It's a great time to buy.