If this hits NY or Chicago…. schools close overnight and everything shuts down.
Fed will be powerless.. just like 08… didnt matter if they were cutting rates… nobodoy was going to buy an overpriced house.
— AGTrader (@ag_trader) February 21, 2020
U.S CDC SAYS CORONAVIRUS IS A TREMENDOUS PUBLIC HEALTH THREAT, FUTURE HUMAN TO HUMAN TRANSMISSION IN THE U.S IS VERY POSSIBLE AND EVEN LIKELY pic.twitter.com/i9nBW29NDI
— Russian Market (@russian_market) February 21, 2020
China will rebound already in Q2 you say? Well, Vessels underway tell a very different story.
Expect new cycle-lows in the Chinese PMI by early summer at the latest.
Weekly editorial -> t.co/zUzLENMPYP pic.twitter.com/YoMz571rHo
— AndreasStenoLarsen (@AndreasSteno) February 21, 2020
H/T @themarketear pic.twitter.com/Fdx2mTYhPu
— M/I_Investments (@MI_Investments) February 22, 2020
Dow drops below 29'000 and Trump starts screaming.
What will he do when Dow drops below 27'000 this April? t.co/fjOgdXLu84
— Russian Market (@russian_market) February 21, 2020
U.S. services figure is so bad you wonder if it’s a typo. Manufacturing pullback expected given #coronarvirus spreading in January. t.co/0SqEEJv3ff
— Michael McKerr (@MikeMcKerr_TDA) February 21, 2020
This is what Japanification really looks like. Despite Abenomics, Japan is now in its fifth recession since 2008. More here: t.co/FPfaiHHWGQ pic.twitter.com/LPEDeB6VbH
— Lakshman Achuthan (@businesscycle) February 21, 2020
CDC Prepares for Virus to Become Pandemic, Businesses, Schools to Be Closed
The CDC pointed to China where schools and businesses have been closed to contain the outbreak, saying the U.S. may need to do the same.
Today’s Good Times Conceal Lurking Economic Troubles
The U.S. economy is locked in much the same pattern as before the recession — a cycle of boom and bust for ordinary Americans, with smoothly rising prosperity for those at the top. Breaking that cycle may require another economic crisis coupled with bolder leadership.
Mom and Pop Are On Epic Stock Buying Spree Fueled by Free Trades
Small investors are back. In a big way.Their fingerprints are on Apple Inc.’s staggering rally. They piled into Tesla Inc. as it tripled, and turned speculative fliers like Virgin Galactic Holdings Inc. into some of the most heavily traded shares in the country. Why the enthusiasm?