A correction... in a few days?
The impact of this virus on economic figures hasn’t really been felt, and can’t be estimated just yet. But, China steel production and usage is through the floor, and the tourism business... a trillion dollars per year worldwide... has to be in the crapper. Of course, people over-react, and the odds are that all will be well in a few months... but in the meantime, I expect big volatility.
“...the tourism business...”
I have to imagine cruise lines are tanking.