SO WE HAVE BETTER DATA ON FACTORY PRODUCTION THAN ON EPIDEMIOLOGY IN CHINA. WHAT DOES THIS TELL US:

Holy moly. I had to do a double take 👀. #China’s factories activity plunges, worse than global financial crisis in 2008/9.-Manufacturing PMI lowest on record at 35.7 (v. est 46, Jan 50)-Non-manufacturing PMI at 29.6 (v. est 50.5, Jan 54.1)-Composite PMI at 28.9 (v. Jan 53) https://t.co/R4Bo2AzrjN — Eunice Yoon (@onlyyoontv) February 29, 2020 Note: … Read more

For those of you who think China has the virus under control and will cause the market to trend upwards:

by greenglasspoor Their media lies and only speculate that they are recovering. Leading indicators like PMI tell a different story. They went absolutely ballistic in their response due to SARS fears. No other country (except Singapore) is taking the crackdown response China has. Other countries are gonna take a harder hit than China. The US … Read more

Washington State: Possible outbreak at nursing home!

Officials on Saturday announced a possible outbreak of coronavirus at a nursing facility in Washington State, a serious situation given the risks the virus poses to elderly people. The possible outbreak is at a long-term care facility in Kirkland, Wash., called Life Care Center, officials from Washington state and the Centers for Disease Control and Prevention … Read more

WSJ: The invisible forces exacerbating market swings

https://www.wsj.com/articles/the-invisible-forces-exacerbating-market-swings-11582804802 Sharing this article because it’s a very good high level view on the behavior of markets over the past 2 years. The TLDR is that options activity has become more and more prevalent in markets. This is caused by search for alternative strategies to increase yield in a very low yield world. The problem … Read more