No, you’re wrong.
The stock market is responding to deep state mandated media reports.
Not to the reality of the coronavirus outcome.
The market is responding to the supply chain disruption.
Most everything you buy or consume has china made parts somewhere. Even if it’s just the packaging equipment that boxes up your cheez-its.
The market has finally noticed that China is basically a single point of failure for the modern economy of pretty much every developed nation.
Tell us all what the outcome is please
Uh. No. Do you not realize the markets were in their way to collapse in late January if not for the fact that hundreds of Billions of $ were pumped into them in China and the US-and the fact that China prevented short selling? Do you not know what impact supply chain disruptions have on a world market? SMH.
No, you are mistaken.
Last week there was a Dram manufacturer in Korea that had to close down their factory. The problem is that their small factory supplied the dRam for the Samsung Galaxy phone.
While the stuff going on in China was thought to be bad, this was the first incident where you could put a number to it. THAT had an almost immediate impact on the market.
In addition some of the worlds largest shipping container companies declared Force Majuere and left thousands of shipping containers on the docks in China—effectively abandoning them. Companies just don’t do that.
Shipping out of China is down 1.4 million shipping containers down from last month. That is huge.
The supply chain problems are not going to be discussed on CNBC or Fox Business. They will be found in the little two inch stories.
Those stories were posted here, without a lot of fanfare. But they are the canaries in the coal mine that tip you off to the beginning of the problems.
There is a lot of hyperbole going on. Sift through it and you will discover the truth. If you rely on Rush, Fox, or even CNN you will find yourself holding the bag with the rest of the world.
You posted...
“Not to the reality of the coronavirus outcome”
....
I asked what this outcome that you’re posting about really is?
So what are you suggesting this outcome will be?