Corona virus

250,000-600,000+ deaths, worldwide, each year from the flu.......just saying.....before you go building your immunity up on that Mexican swill.

Excuse my naivete, but I don't understand how the coronavirus outbreak affects the stock market.  Can anyone explain?  ELI5, please.

Everything that becomes a "crisis" can affect the stock market.....especially short term.  If you notice, most of the losses from yesterday are being gained back today.

The market doesn't like uncertainty.  Less travel, so less fuel, less tourists, less commerce.....airlines, hotels, etc. etc. all stand to lose money, foreign markets panic as well.....not to mention the uncertainty of what else will be affected.  Bottom line, as the "threat" of the terrible Beer virus stabilizes, so will the market....and then continue it's run.

Worst thing you can do when you see a tumble like that is panic.  If you want to do something, buy into some mutual funds who lost 2 or 3% ....you'll likely get that in gains within a few weeks....if not days.

Thanks for the clear explanation.  I don't intend to financially panic even though I saw some pretty big losses to my retirement accounts today and yesterday.  Like you said, it will even back out and I'm not retiring in a week, month, year, or even a decade, so it'll be OK. 

I'll probably go to h3ll for repeating this joke but...Ya know what goes good with coronavirus?  Lyme disease!

LOL  Heard that yesterday.

I'm close to retirement....maybe a couple years when we get the kids through college.  I have saved well and invested in the stock market, mostly through mutual funds, for over 30 years.....every chance I could I bought shares.  An old-timer told me years ago to look at my accounts every year or so.....and otherwise forget them.  I followed his advice and will easily have 7 figures, and it doesn't start with a 1, in those accounts when I retire.  Most years I never made more than 100G in salary....and the early years it was never more than 50G in salary.  Today I can  make 15-25G in a single day depending on the market.....my salary has nothing to do with it.  My retirement account made more last year than I was paid....much more.

You had no losses yesterday.  Use those days as timing to buy shares (which is what folks were doing today, which brought the rebound).....not to count losses.  Look at your account last year on this date....now tell me if you've gained or lost.