(KFTK) – Heritage Foundation’s Stephen Moore breaks down the hit to the stock market, largely due to Coronavirus.
“This is a big, big problem for china that could last years,” says Stephen Moore of the knock in the confidence of companies using China for production.
Moore also says that the rise of a far-left socialist candidate withing in the Democratic presidential primary may also have had an effect.
“Today’s losses have been close to a trillion dollars,” says Moore.
Heritage.org
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