I suppose that numbers don't lie and they seem to say that the down stream impact of China's economic implosion will reap chaos everywhere. Unfortunately, there is no reason in hell for the Dems to cooperate in any potential solutions to either the coronavirus or impending recession issues... even if there are any! If true,Trump may already be on his way to becoming another Herbert Hoover. Worse yet, if the world falls into another depression we all know what the desperate political leaders will do: WAR! Thoughts?
Link: https://www.spiegel.de/international/business/nouriel-roubini-on-coronavirus-this-crisis-will-spill-over-and-result-in-a-disaster-a-e811cf3b-d495-4c52-bf79-d872c8f164ac
Guy's been kind of quiet since 2008, huh?
There is obviously a wide range of possible economic outcomes from this. Until this week, the markets had been discounting virtually no impact at all. They made a very quick adjustment.
There are definitely going to be some bad earnings surprises, followed by election uncertainty. I don't think you need to be in a rush to buy this dip.
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Link: https://villains.fandom.com/wiki/Doom_(2015_Film)