In South Korea, which reported its seventh death from the coronavirus, the benchmark Korea Composite Stock Price Index tumbled 3.9% on Monday. That was the Kospi’s biggest one-day fall since 2018, according to FactSet.
This ain’t gonna be pretty. Chinese factories have been idling for a couple of months already. Possible global recession. US, as a worlds top economy and a consumer, is best prepared. The rest? Not so much
All responsibilities rest with Princess Cruise, an American operator
And stocks will continue to fall until governments unite and try to conquer this virus
What`s the tipping point where it all falls down?
Those Wall Street Types should take a chill pill. They have no idea what our friends overseas are facing. I thought that the Chinese government were smarter than telling their lead doctor to keep quiet on this virus as it was getting started and he needed a mass of people to help
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