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.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
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.
Источник: Newsweek - 🏆 468. / 52 Прочитайте больше »