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Coronavirus could be ‘good’ for stocks

It seems inconceivable that the coronavirus outbreak, which killed more than 811 people and shut down two-thirds of China’s economy, could be bullish for stocks. Yet Shenzhen’s private sector-heavy ChiNext Index not only brushed away a selloff, but also hit a three-year high on February 6. The most obvious explanation? This epidemic is giving policymakers the opportunity to correct past ...

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France’s richest man gets a free lunch from the ECB

Bernard Arnault, the boss of LVMH Moet Hennessy Louis Vuitton SE, exceeded even his own incredibly low yield expectations in his company’s giant bond sale— which included the biggest corporate issue in euros since 2016. The luxury giant raised 7.5 billion euros ($8.3 billion) and 1.55 billion pounds ($2 billion), over a range of maturities from two to 11 years, ...

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No, Boeing is not ruining Trump’s 3% growth target

Boeing deserves blame for many things, but dragging US economic growth below 3% isn’t one of them. US Treasury Secretary Steven Mnuchin told Fox Business that Boeing Co. is a big reason the US won’t see the 3% expansion in gross domestic product that the Trump administration had been predicting for 2020. The Max crisis will shave 50 basis points ...

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