Where the stock market heading with coronavirus monster?

The stock market is reeling from north to south due to the hurricane called Corona, which struck it without warning. The world is worried and does not know when the end of this disturbing nightmare.
Trump and his aides are trying to control this hidden genie, but to no avail.
Investors are confused and do not find a satisfactory answer to their fears of a total collapse of the financial market in the whole world.
In my opinion All what I see in the near term is that there will be a comprehensive global recession due to the weak production in China and the most important reason is the lack of consumer confidence in the safety of Chinese products and this will force American companies to search for other countries to manufacture their products, but this research will take a long time Applicable in addition to the Chinese consumer market loss, which will gradually weaken. For these reasons, I believe that American companies will suffer heavy losses in the short term and eventually will lead the stock market To the edge of the hobby.
El-Erian said that the economy will need a medical solution to the outbreak to recover, and that the Fed cutting rates will not be able to help.
"All that that's going to do is help balance sheets and give some minor relief to markets," El-Erian said. "But it's not going to encourage people to travel. It's not going to encourage people in China to go back to work."

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