as the country witnessed a spike in the number of coronavirus cases in recent days. Seoul raised the coronavirus alert to the "highest level" over the weekend, with South Korea now the country with the most cases outside mainland China.Yonhap reported Tuesday
. The Composite Consumer Sentiment Index for February fell to 96.9, declining 7.3 points from its reading in January, according to data from the Bank of Korea. Outside of Asia, Italy has also seen a surge in the number of infected, with at least 130 reported cases. "The jump in cases outside of China raises the risk of a sharper Q1 2020 global economic slowdown," Kim Mundy, currency strategist at Commonwealth Bank of Australia, wrote in a note. "It also raises the risk that the economic disruption is more prolonged."
But what overall damage will it do? Could this lead to catastrophic losses for the health insurance industry and Medicare? I don’t think our government being completely open about the Coronavirus and really doesn’t know and understand the implications
Has Japan stocks ever impacted us?
American stocks seem to be way over valued whereas the FTSE100 seems about right. If the USA plunges, what will the FTSE100 do? No need to answer, the FTSE will become a bargain maybe.
Stand together Private sector 🙏
No way?! Wow, that’s groundbreaking
Stop blaming a virus 😂 it’s the bubble of the century finally starting to leak
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Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »