Don't be too sure that the coronavirus will blow over and have no effect on global growth.
If there is anything that characterizes this moment in history, it's complacency: everyone's so sure that current trend lines will continue, onward and upward, and risk has been tamed for the foreseeable future.
Don't be too sure.
1. Don't be too sure that the coronavirus will blow over and have no effect on global growth.
2. Don't be too sure that “the Fed has our back” so stocks will always resume their steady climb after every spot of bother.
