How Investors Should React to Ongoing Concerns Around Coronavirus

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Are you worried about the coronavirus?

The death toll from the coronavirus has now eclipsed SARS as it rises to 908. During the SARS outbreak, there were 774 deaths.

There are now over 40,000 cases of the virus in China.

The Princess Cruises ship that’s been quarantined off of the coast in Japan announced that the confirmed cases of the virus on the ship have nearly doubled, to a total of 130 cases.

China has pledged about $10 billion to combat the pandemic, which has forced businesses to close, shuttered factories and severed transportation links as citizens attempt to avoid contracting the respiratory illness.

But how should investors approach the coronavirus without a cure in sight?

Kenny Polcari, senior market strategist at SlateStone Wealth, joined TheStreet to discuss the market reaction to the coronavirus. 

Watch the video above for more.

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