"This time it's going to be different" is the battle cry of the media. If you have paid attention to the recent swings in the market and today was a major upswing, the Corona Virus is apparently the villain. While this virus is certainly frightening, we need some perspective as to the impact this virus will have on the US Economy. Let's compare the Flu vs The Coronavirus.
Deaths From Flu Source CDC via Forbes.com
2015-2016 23,000 deaths
2016-2017 38,000 deaths
2017-2018 61,000 deaths
Death from Coronavirus Source CNN
2019-2020 426 Deaths
Read More about the Coronavirus and the impact on the financial markets here.