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Global equities are in a bit of a free-fall this morning on rising concerns over the spread of the coronavirus. While the pace of the outbreak certainly appears to be slowing in China, flareups in South Korea and Italy over the weekend are causing increased concern of a global spread including here in the US. As of now, there have only been 35 confirmed cases in the US, but it’s hard to imagine that number not rising. Besides the coronavirus fears, the strong performance of Bernie Sanders in Nevada over the weekend isn’t helping sentiment for the market either.
Read today’s Bespoke Morning Lineup for the latest on the impact of the coronavirus, the results of the Nevada caucuses over the weekend, and the impact of the coronavirus on supply chains.