Maybe They Do Ring Bells At The Top: Viral Plague Edition

A highly unfortunate series of events conspired to weigh on already fragile sentiment on the last day of January, pushing equities sharply lower. Nerves were already frayed thanks to the ongoing deluge of coronavirus headlines. With the total number of confirmed cases pushing 10,000, we may be approaching a point beyond which the assumed deleterious effect on global growth isn't the only concern. I'll just leave that there for the virologists and scientists among you to debate. When it comes t

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4 thoughts on “Maybe They Do Ring Bells At The Top: Viral Plague Edition”

Dow down 500. Where’s Kudlow?

mfn

January 31, 2020 at 3:33 pms Reply

Dow now down 638. Someone pull the ripcord. Bueller?
Caribbean Breeze

January 31, 2020 at 3:40 pms Reply

I don’t think talking up the trade deal with China is going to save the day this time. 🙂

Things look very bad. This sh-t spreads even faster than I have estimated.
I just hope it will continue to mutate, becoming less harmful. In the best case, by the end of March we will have a new “common cold”, in the worst – a new “Spanish flu”.