"The economic consequences of coronavirus are quickly piling up like garbage along the streets of Los Angeles. Breaking supply chains, closed Chinese factories, iPhone disruptions, and massive shortages of Chinese made products. These developments will most definitely get worse before they get better.
The economic impacts will be devastating. As China flatlines, and first quarter GDP growth approaches zero, the global economy, including the U.S., will also be greatly disrupted.
...Still, the prospect of a great plague makes people all the more excitable.
A run-of-the-mill recession and bear market is one thing.
But add the rapid spread of a hyper contagious virus to the mix, and the human animal is inclined to go mad in unison..."
Read all.
...Still, the prospect of a great plague makes people all the more excitable.
A run-of-the-mill recession and bear market is one thing.
But add the rapid spread of a hyper contagious virus to the mix, and the human animal is inclined to go mad in unison..."
Read all.
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