‘Under Control’? Markets Wary As Virus Cases Rise, Hong Kong Exports Plunge, Japan Dives

‘Under Control’? Markets Wary As Virus Cases Rise, Hong Kong Exports Plunge, Japan Dives

Markets might be predisposed to stabilizing on the heels of what could very fairly be described as a "Black Monday", but news flow will make it difficult. For instance, Turkish stocks abruptly reversed an advance after a Turkish Airlines flight from Tehran bound for Istanbul made an unscheduled landing in Ankara on worries that some passengers might have contracted COVID-19. Iran has 95 cases thus far and 15 deaths. "On Monday morning, a lawmaker from Qom said up to 50 people were dead, a numb
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2 thoughts on “‘Under Control’? Markets Wary As Virus Cases Rise, Hong Kong Exports Plunge, Japan Dives

  1. Your analysis has been invaluable. For the past 14 months, my thesis was that increasing money supply/ lower interest rates more than compensated for the negatIve economic news. At this point, my view is that this is no longer the situation.

  2. Middle East is done, they are too late to contain spread from Iran.
    It’s interesting about Iran, by the way. They have thousands infected, and it seems like they got virus about two month ago, earlier than all other nations and even earlier than other Chinese provincies. How did they get it?

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