#coronavirus just screwing everything up pic.twitter.com/Z3LTBwnf0j
— Alastair Williamson (@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 t.co/8yZl8ZluyS
— Alastair Williamson (@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
— 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 Williamson (@StockBoardAsset) February 7, 2020
Foxconn city is there t.co/6cIzSkg0ji
— FXHedge (@Fxhedgers) February 7, 2020
"Even with greater transparency, some news outlets report that the Chinese government continues to censor unfavorable news about the outbreak, including on social media." – WSJ
— FXHedge (@Fxhedgers) February 6, 2020