#coronavirus just screwing everything up pic.twitter.com/Z3LTBwnf0j
— Alastair (@StockBoardAsset) February 7, 2020
Ouch! JPM has shaved US Q1 GDP growth by 25bps to 1% following China cut. The primary channel is weaker US exports to China, which represent about 0.75% of US GDP and which JPM assumes to decline 8% this quarter. 1/3 of US exports to China are services, including tourism. pic.twitter.com/OQWneuVXp4
— Holger Zschaepitz (@Schuldensuehner) February 6, 2020
wow, 400 million people locked down – confirmed cases & deaths don't make sense – china underreporting – trump praising china for their efforts – ccp hiding the extent of the virus outbreak so the world doesn't freak out – global supply chains severed – economic shock coming https://t.co/8yZl8ZluyS
— Alastair (@StockBoardAsset) February 7, 2020
Business conditions at global #steel users continued to deteriorate in January. #Steel PMI 49.6 (in contraction) pic.twitter.com/zLpFiwkm4r
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) February 7, 2020
06 Feb – 09:02:30 PM – FITCH SAYS WUHAN CORONAVIRUS EPIDEMIC WILL HAVE NEGATIVE IMPACT ON OPERATIONS & CAUSE DISRUPTION FOR SEVERAL CORPORATE SECTORS WITHIN & BEYOND CHINA – [RTRS]
— Alastair (@StockBoardAsset) February 7, 2020
https://twitter.com/Fxhedgers/status/1225589258431287296
https://twitter.com/Fxhedgers/status/1225552525044015104