The fed knows that there is risk to our economy from Covid-19 (panic, hysteria) likely through summer due to supply chain disruptions + fewer people "out & about spending" that will have a ripple effect short term.
The underlying fundamentals are solid, but we'll likely see a number of companies report lower financials in the next quarter.
ebola corona virus can live for yrs on a dried surface....w at least a 4 week symptom free contagious incubation period why would anyone think those chineese products since december are safe?
if the chin gov. cant be trusted...Then their products are unsafe far into the future.....”community transmission without known source”....is what they are calling it....
the real danger imo is Not the new virus...and un acclimated populations....its the total over loading of our health care system...and subsequent bankruptcy something the left a Tryed to do for yrs...
A idiotic dysfunctional suppressive communist gov...was given Huge power over our world..facilitated by every leftist democratic “progressive “p.o.s.
So the number 1 market in the world will have to decouple from the number 2 ......simple as that..
If our gov acted fast enough....and if the banks investors and People where all on the same page.....condemning the lieing chinese gov....and Supporting new supply chains ....we could pull through......the cos that will hurt the worst are all leftist cont. ......
limbbagh was Wrong to frame this as a “takedown of Trump”...is Going to fall and hard.....should be placing the blame where it belongs.....on the dysfunctional un ethical chineese gov. system....and culture....saving the chineese cos will not save U.S.....propping up the market for Trump political points wont save U.S....ITS NOT TRUMPS FAULT....its the communists fault...limbagh is tying stock market success or failure to Trump.....if it falls the people will see it as a Failure of the good clean captitalists ...when it was Caused by dysfunctional communists.
number 1 economy is going to get hurt when 60% of the supply chain is gone...its Not Trumps fault....attacking people for “spreading fear”...is not a valid response...attacking people for trying to blame Trump is valid....
social isolation...quarenteen..closing the borders....stopping chineese products....telling the people to make silver ion antibiotic at home....these are things that might help save U.S. from the piven narrative.....support them !
anyway the hong cong protestors have send hundreds of videos...chinese taking guns off the police...bodies wrapped and lined up for miles...along the street...the chineese spraying silver in the street....appartment buildings doors welded shut....empty hyways .....the really nasty ones are removed now....but 2 wks ago....our gov. was letting them through.....and it was horrific......
imo If we stop the contagion from chinese products..and inform the people of the multitude of self help options avail. ....we can slow it enough to clean up our country....thereby saving our country...and our market...and our system.....
pretending the market wont hurt....aint gonna help..pretending the products are safe aint gonna help...attacking home prepers....aint gonna help...tying this comming market damage to Trump aint gonna help..
encouraging self sufficiency might help....every house making their own silver ion antibiotic might help...clean hands..ect...might help....
one thing for Sure...we can Never again give this useless lieing nasty...Freedom hating...anthill of communist china this much power over U.S....
what can we do?.....inform the people...reestablish institutional trust...secure supply of all war materials s ...rare earth...metals...uranium ...prepare for social isolation...defang the leftist gov...who plan to use this to generate power....