Markets are reeling again on Thursday, after the U.S. reported its first coronavirus case involving a person who didn’t travel to an infected country, and didn’t knowingly interact with someone who did. Experts are becoming increasingly resigned to a worldwide spread of the disease, even as China’s new infections slow.
While it expects a rebound in the subsequent quarters, it warned the “community spread” aspect reported on Wednesday was not built into current assumptions: Tesla’s stock is tumbling by over 8% and Apple is down by nearly 6%, in what’s shaping up to be another ugly day on Wall Street. It underscores the risks associated with a multinational that is heavily reliant on China for manufacturing and demand: Both companies have major production facilities in the Middle Kingdom, and for Apple, China is a big market for iPhones.9:55 a.m.
Nevertheless, it is important to stress that the latest available economic activity data mostly only cover January, so they do not reflect the full impact of any supply chain-related disruption stemming from the outbreak in China. Furthermore, there is no way our models can incorporate the risk of a widespread coronavirus outbreak in the US which, just like it appears to have done in China, would almost inevitably cause a recession.9:30 a.m.
YahooFinance RT. WhiteHouse KellyannePolls Any way you can blame HRC? or celery?
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Stock market live updates: Dow futures up 100, coronavirus cases jump, Disney fallsAfter this week’s historic market sell-off, these are the 2 things Leon Cooperman says he’s watching: “One is the coronavirus, does it get under control in a reasonable timeframe? And second that we don’t have a Socialist or Communist in the White House.” Being so narrow minded is what will kill this election.
ソース: CNBC - 🏆 12. / 72 続きを読む »
Stock market live updates: Dow down 700, rebound attempt fails, will Fed act?“We’re starting this epidemic at all-time highs,” one expert says about the coronavirus. “So the initial damage is probably going to be a whole lot more than it has been for the other 11 global health care scares that we’ve seen over the last 20 years.” There needs to be criminal charges against the media and politicians fomenting this fake crisis right now realDonaldTrump especially the financial media, it’s like yelling fire in a movie theatre, where’s the FBI Oh wait our FBI is as corrupt as the rest of D.C & WS yep, definitely need a vaccine NATALLIANCE: 'We went from an 'all-time high' to a 'correction' (-10% off all-time highs) within 6 trading days. This would be only the second time in history that this has happened. The other? Dec 1928.'
ソース: CNBC - 🏆 12. / 72 続きを読む »
Donald Trump is furious about coronavirus-related stock market drops, blames CDC for spooking investors: reportThe president has informed his advisers not to make dire predictions about the financial impact of the virus, The Washington Post reported. Only a matter of time before he is spreading theories that China spread the virus deliberately to favour Democrats. Yep...he doesn't give a shit about no one past himself. LindseyGrahamSC I blame you for this monster.
ソース: Newsweek - 🏆 468. / 52 続きを読む »