Odds of Coronavirus Becoming a Pandemic Jump 40% as the Virus Wipes $5 Trillion from Markets

by Mac Slavo
SHTF Plan

The odds of the coronavirus outbreak becoming a pandemic have jumped 40% recently. As nations struggle to contain this virus, it’s taking its toll on the markets too, wiping out $5 trillion.

Cases of the new coronavirus disease are rising quickly outside China, and the odds of the outbreak turning into a pandemic have now doubled. The odds are up from 20% to 40%, according to a report from Moody’s Analytics. “Our previous assumption that the virus will be contained in China proved optimistic, and the odds of a pandemic are rising,” said the firm according to CNBC.

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