[MayflowerMadam]

“Did you check out DOW futures?”

I predict that the DOW will be bouncing around until the MSM decides if this media-driven COVID hysteria is succeeding in taking out Trump or not. Everything else they’ve tried has failed so maybe they’re hanging their hats on this.

[grey_whiskers]

There are several other elements involved, despite the fervent desires of the never-Trumpers. In no particular order:

1) Quarantines inside and outside of China and the effect on other economies
2) Supply Chain (mainly from China
3) Demand for oil / commodities (China is fscked).
4) Price war for oil between OPEC, non-alighned (e.g. Iran, Russia), and Saudi Arabia
5) Secondary effects of that --
a) market hates uncertainty
b) effects on frackers (marginal high-cost producers, heavily in debt)
c) follow-on to production of US Natural Gas
6) China's economy and the effects on demand for US bonds
7) the Fed's rate cut (refi mortgages are going *NUTS*) and confidence in the market
8) the Lugenpresse