Comment

As Trump Disgraces the US in India, John Oliver Takes a Close Look at Prime Minister Narendra Modi

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Wendell Zurkowitz ((slave to the waffle light))2/24/2020 12:22:37 pm PST

re: #89 lawhawk

None.

And frankly the markets convulsing about coronavirus are also overblown IMO.

We have far more influenza cases being reported nationally and internationally with a far higher body count, and no one seems to pay that any mind. But this novel disease that basically operates the same way is garnering all the press (and conspiracy theories to boot).

If the market is already in need of correction, something like the CV is going to precipitate the snap. And the global world just-in-time trade and manufacturing system is going to see a serious shock when it can no longer rely on its established sources and timetables.
I just read that a number of major electronics trade fairs have been cancelled, as much out of fear of spreading the virus as out of fear that companies will not be able to supply the new products they are planning to launch there.