Naturally everything is going to be okay, eventually. But until that times comes, expect the news to worsen — especially over this weekend. The Wuhan Bio-Lab most likely leaked deadly pathogens into the world and said virus is now wreaking havoc. Ergo, and this goes without saying, authorities are freaking the fuck out.
Pay attention to this news and don’t ignore it.
Headlines worth knowing.
State Department orders non-emergency personnel out of Hubei – CNN
881 cases confirmed, 26 dead
China building 1,000 bed hospital in a week
Wuhan is rushing to build a hospital specifically for treating patients infected with coronavirus. Hundreds of construction machines are working around the clock. The hospital will be put into operation before Feb 3. China superb engineering ability is being put into good use. pic.twitter.com/Ih7zwcjAbS
— Hu Xijin ??? (@HuXijin_GT) January 24, 2020
China’s Travel Limits Now Cover 35 Million People
McDonalds closes outlets in five Chinese cities $MCD
UK calls “Cobra” emergency meeting to discuss virus -CNN
Reuters: SINGAPORE SAYS TWO MORE WUHAN VIRUS CASES CONFIRMED, TAKING TOTAL IN CITY-STATE TO THREE – HEALTH MINISTRY OFFICIAL
The downside to playing these virus stocks is getting fucked with secondaries. If you get fucked, average down and wait for the bounce. I have immense profits in several virus stocks but have no appetite to sell yet. I am nothing but a humble merchant of death.
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What if the construction workers also contract the virus?! Where’s the hospital now?
Heckler is calling for a complete and total ban of Chinese coming to our country until we figure out what the hell is going on!
Why is this going to turn out any differently than SARS, swing flu, Ebola, etc.? Each of those ended up being fine in the end. It’s fine to trade the vaccine stocks with all the other degenerates, but this is just a minor blip to the overall market.
I’m already on record with the same opinion, but the remote possibilty that this IS a bioweapon in the wild makes it potentially more deadly. As soupbonde mentioned, the Chinese reaction of locking down transport between and **within** citeis seems overblown. They are basically one step away from sating don’t leave your homes..
https://ibankcoin.com/flyblog/2020/01/23/serious-revisions-chinese-gdp-coming/#comment-565557
Boy, it’s lucky that the US multinationals don’t rely on Chinese production for anything. I was afraid it would affect the US stock market.