Guggenheim's Minerd Says Coronavirus Will Cause Stocks to Fall 3%-5%

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Jan.29 -- Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, discusses the impact of the coronavirus outbreak on U.S. financial markets during an interview with Bloomberg’s Tom Keene and Scarlet Fu on "Bloomberg Markets."
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it's already dropped 3% so he's saying it will drop 3% after it already has? what a genius

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1% drop in China GDP can cause 0.7% drop in US GDP

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