A fourth person in Italy was confirmed dead from the coronavirus on Monday, with confirmed cases spiking by more than 130 since Friday. The Italian government has placed a dozen northern towns under quarantine and closed down schools, museums and cinemas. Public events including the Venice Carnival and several high-profile soccer matches have been cancelled.
South Korea's government raised the coronavirus alert to its highest level after the number of confirmed cases escalated from 31 to 763 in less than a week, causing seven deaths, according to the Korea Centers for Disease Control and Prevention. Meanwhile, Iran has now reported 12 deaths and up to 61 cases cases, prompting schools and universities to close and a sealing of borders with Afghanistan and Pakistan. Kuwait and Bahrain have reported cases in people who visited Iran.
Love CNBC a sensationalist bunch show a trader miserable when markets fall and a smiling one when rising they even love to quote the DOW number up and down rather than percentage
YOU GUYS BEEN DOWN PLAYING THIS CRISIS FOR A MONTH! ROSTERS FINALLY COME HOME TO ROOST NOW. ▼DOW DOWN PRE-MARKET -700 INDICATION $djia $ndx $spy $spx $qqqq $tsla $fb $baba $goog $aapl $spom $sbes $snap $intc coronavirus $AMZN Loading $Hdii ahead of merger. 02's MONEYMADE
Technology has been growing considerably. With massive supply chain disruption, will this be the slowdown of technology or will it simply be the big dogs (with heaps of cash) eating the smaller players' lunch?
Now this is getting scary
Live shot of Larry Kudlow:
Ever notice how giddy cnbc gets when the markets are down. They'll trot out the same idiots and do the same stupid interviews.
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