And the Dow futures are up 100+.
Go figure.
The situation in China is going to become very bad very soon.
They have 33 924 proven and suspect cases and are evaluating another 137 594. All 33 provinces are reporting cases.
The speed of spread is quite remarkable. I believe US policy, IF it is carried out, will prevent this type of spread here.
But if growth rates in China persist for even another week, and the leadership flees, the regime may well collapse.
With a 10% limit on the fall of any individual stock, an 8+% fall , in aggregate, is very significant.
The old one two bunch. Trump had them reeling from tariffs and the virus will knock out their economy. Couldn’t happen to a worse enemy. Hope they implode. We don’t need the leeches
There are some companies that are already getting hit. Oil tankers are one. China imports lots of oil, and now they are staying home and not driving. This will hit oil tankers pretty bad for the next several months.
Hot toddy guy. ..See daily mail..got this virus two months ago
bkmk
How long does the virus live on a hard surface - - something like a cheap knockoff computer keyboard?
.