Haven’t seen anything on supply chain. How’s the food stocks in the cities? Rationing, hoarding, things like that. Last I heard, Wuhan ran out of food last week.
I don't have any input on internal supply chain in China for their own consumption, but the company I work for gets a lot of material from China. As of today, we are expecting a minimum of 60 days interruption. We overbought last year and have 4 months of production left, after which we have to start furloughing employees.
Production will resume, no doubt. The issue is after how much time? If it goes on long enough a lot of the smaller suppliers will be out of business and all the larger suppliers will be fighting for container space on ships. They might be able to start up, get the containers loaded and then...they sit. All the ships are full. As of right now, this part of it is certain. There will be supply and delivery interruptions and it will affect EVERYTHING. Need a new toaster? Oh, look at that, only a beat up refurb left on the shelf. I don't think we have any worries about domestic food production, but all the electronics, TVs, phones, and everything else that comes out of Asia is at risk. My advice, if there's something you plan on getting that sources over there, buy it now. It may still be available, but with a huge price premium or expect to wait 6-12 months for prices to equalize again.