Meanwhile, futures pointed to a lower open in Japan as they returned from a Friday holiday. The Nikkei futures contract in Chicago was at 16,320, as compared to the"The economic costs of the COVID-19 outbreak are beginning to reveal themselves," Richard Yetsenga, chief economist at ANZ, wrote in a note. "We have substantially revised our G3 growth forecasts lower, with the US likely to record its weakest performance since 1946.
The global coronavirus outbreak continues to spread rapidly across the world, with the number of infected now over 294,000 and more than 12,900 lives taken, according to data from the World Health Organization.
Why anyone would hold positions over the weekend instead of selling during Friday’s rally is beyond my understanding. It’s not going to be pretty tomorrow.
Our futures markets are locked down at 5%
Dope. You know what this is, essentially. Mother Nature is gettin, back at the Waltons, the Rothschilds of the world. Taking by force (away from the financial markets) and giving it to the ppl (universal basic income). redistributemywealth UBI
Buckle up.
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