Also, I’m literally changing my outlook to “bullish” back to all time highs based on 99% of traders calling this a dead cat bounce. Yes it could be but it could also be a shakeout. Nothing has changed other than everyone being asked to cover their mouth when they cough. What happened to being objective..
Not entirely true. I hear the tourist attractions in Venice are empty. I bet the cruise ship industry will take a huge hit. But heavy industry will still remain.
*PSST!* WW2 was not in this century, or millennia. I suppose the worst crisis of this century thus far was 9/11 for the USA. Oh, and Justin Bieber. Teehee.
Active cases have tapered off some. Market took a nice hit in anticipation of supply chain. That leaves us with a bullish outlook, if active cases continue to drop.
Focus on northern Italy right now. Unless northern Italy starts seeing 3000+ new cases every day, then there will not be another location that gets as bad as Wuhan.
Ahh, yeah, from March 1920 until now, WW2 is pretty much at the top of the list. Bay of Pigs, the Chernobyl and Three-Mile-Island bits, too. All bad juju.