The Coronavirus infection rate is growth geometrically. Very predictable since China started offering data. It projects to 16k infected Fri and 88k next Mon Feb 3.
Does the mkt understand this growth rate? Or will it freak ?
Details here
(1/2)https://t.co/39crVnLlw5 pic.twitter.com/zXEo8TlHbo
— Jim Bianco (@biancoresearch) January 28, 2020
Coronavirus Could Shock the Global Economy Into Recession: Stephen Roach
One of the world’s leading authorities on Asia warns the coronavirus outbreak could wreak havoc on the global economy.
Latest on the #coronavirus nearly 6000 confirmed cases, 9000 suspected, 132 dead, 103 cured. pic.twitter.com/jD0a1FhYUC
— Samuel Smithers (@DrSamSmithers) January 29, 2020
As a reminder, in 2003 when SARS broke #China was a USD1.7trn economy. Today it is USD13.7trn and contributes one-third to global GDP growth. I am not sure why markets have improved overnight. pic.twitter.com/Lfb7GgzZeV
— Richard Yetsenga (@ricyet) January 28, 2020
‘We see people getting ill around us’: the foreigners trapped in Wuhan https://t.co/1OdakpbuzI via @financialtimes
— Jennifer Ablan (@jennablan) January 29, 2020
— Alastair Williamson (@StockBoardAsset) January 29, 2020
How Will The Coronavirus Impact The Markets?: Peak Prosperity
The disruption to global trade the coronavirus is likely to cause is going to be material, perhaps severe. And that will have serious negative consequences for the financial markets, which have been (and is still!) trading at the highest valuations in history. The coronavirus has all the hallmarks of a true Black Swan event.