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Masks Stored In Canada Expire Triggering Fears Of Shortages Amidst Coronavirus Scare
Tuesday, March 10, 2020 - 5:24am | 343The ability of Canada to deal with the coronavirus epidemic is being questioned after millions of expired masks stored in Ontario were found. What Happened The masks had been stored since the SARS epidemic and were meant for healthcare workers in case of a future outbreak, reported Reuters. The...
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Dow, S&P 500 Enter Correction Territory As Coronavirus Fears Continue
Thursday, February 27, 2020 - 3:00pm | 877A week after the S&P 500 and Dow Jones Industrial Average hit new all-time highs, the indexes plummeted another 4% and into correction territory after Goldman Sachs cut its 2020 S&P 500 earnings growth to 0%, well below consensus estimates of 7% growth. A market correction is defined as a...
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Ex-FDA Chief Brushes Off Some Coronavirus Concerns As Investors Brace For Impact
Wednesday, January 22, 2020 - 1:44pm | 501Former FDA Commissioner Scott Gottlieb said Tuesday afternoon on CNBC the coronavirus "so far seems to be a mild illness." The total reported cases rose to 440 in China with nine confirmed fatalities, at time of publication Wednesday afternoon. Gottlieb: Not That Serious The current...
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How Hysteria Kills The Market (NVAX)
Wednesday, January 26, 2011 - 1:30pm | 643Asteroids. Y2K. The swine flu. Mad Cow disease. Killer wasps and killer Wi-Fi. What do these things have in common? They're all part of a graph designed by Information is Beautiful. Dubbed Mountains Out of Molehills, the graph is an interesting (and interactive) look at the world's greatest fears...
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The Doomsday Investment: Real Assets
Wednesday, June 16, 2010 - 6:00am | 973Every time I turn on the news the media has found another “doomsday” story to scare the masses into thinking that the world is going to end. Y2K, Avian Flu, SARS, Swine Flu, terrorist attacks, drug wars, and multiple financial crises have been the most prominent topics of the...