since February 2019 on Monday and Tuesday, and the Dow also slumped to its lowest level since October."Markets have finally woken up to the threats being presented by COVID-19," Michael Every, a senior Asia-Pacific strategist at RaboResearch, said in a morning note.
"Investors are deluding themselves about how severe the coronavirus outbreak will be," economist Nouriel Roubini wrote in a."Despite this week's big selloff in equity markets, the worst is yet to come." The one-two punch of a US-China trade war and a public health crisis could hammer economic growth in China and elsewhere, said Jasper Lawler, head of research at London Capital Group, in a morning note.
"The two global headwinds to strike China in such short order could do the unthinkable and put the global economy into recession," he wrote.
that is real problem , Trump to show rosy picture of Coronavirus pandemic to deter its impact on stock market and it will costs Americans life and world wide death
CHINA - YOU F-D UP BIG TIME.
US Stock market Will drop 30%-50%
YES, the worst is yet to come ...once the Western world understand REALLY what that virus is about! GlobalSupplyChain TheEarthIsNOTFlatANYMORE JustNOTInTime ~30YearsOfBlindness making the world Fragile SystemReboot
Is there a derivatives problem?
SHIT!
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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