The #coronavirus crisis may have a larger impact on the global economy than market participants discount. We need to be aware of the risks.
Our thoughts are with the victims and hope for a rapid solution to the epidemic. pic.twitter.com/fmAXq8wTit
— Daniel Lacalle (@dlacalle_IA) January 29, 2020
China’s Coronavirus Overtake SARS, Economic Impact Could Be ‘More Severe’
Still, “the scale of the current slowdown and timing of the recovery are mainly determined by the unfolding coronavirus, which remains uncertain,” Nomura said.
OFFICIAL *WHO: NEW CORONAVIRUS PRESS CONFERENCE NOW AT 5PM GENEVA TIME
Some reports that they will increase the risk to a "pandemic" one.
Our chart pack on Wuhan/Corona vs. SARS -> t.co/24sy9kaMAp
— AndreasStenoLarsen (@AndreasSteno) January 29, 2020
AMD down after hours
AAPL rally tepid
NQ acting like sell the news dominates in Asia open.
coronavirus keeps killing and I just don't think people have modeled the complete collapse of demand in China even if its for a few weeks.— Boris Schlossberg (@Fxflow) January 28, 2020
CHINA'S PREMIER LI SAYS VIRUS IS SPREADING, OUTBREAK SITUATION IS STILL GRIM AND COMPLEX -CHINA STATE MEDIA
— *Walter Bloomberg (@DeItaOne) January 29, 2020