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Should you have a change of heart then for a lucrative new career path I'd recommend a switch to insolvency services, debt collecting, the funeral business, or care home industry.
It seems that stock market participants have begun to get cold feet this morning. When the WHO declare a global pandemic then the rush to the exits will be something to behold.
Bloomberg seem quite happy!
https://www.bloomberg.com/news/artic...alflow-organic
Originally Posted by Wales-Bales
Time to buy
Fixed it for you
AND SHARESFixed it for you
FTSE 100 is declining for a third successive day. It's down 1.45% right now.AND SHARES
There's so many economic doom indicators flashing red presently that it's difficult to keep up. The biggest warning is probably the US government debt markets where both their 10 and 30-year treasury yields reached all-time lows yesterday. Additionally their major stock market dropped 2,000 points (or 6%) during the past two days. Britain's FTSE 100 has also been clobbered and is minus 10% over the past month.
Is the herd beginning to stir?
On the virus front, Brazil has reported its first case. Coronavirus: Outbreak spreads in Europe from Italy - https://www.bbc.co.uk/news/world-europe-51638095
In more detailed reports about the Brazil infection, they say it's a 61-year-old who returned from Italy on February 14. We can only guess how many people he had contact with before he was diagnosed yesterday.
A series of posts by someone who claimed to have insider contacts appeared at a 4chan messageboard late last month. They've since gained a great deal of interest because s/he accurately predicted Italy, by design, would see many infections and stated to watch Brazil carefully because if a major outbreak takes hold there then it would be time to panic. Someone collated those posts into an image file which is here https://imgur.com/wQIpudN for those who care to read them.
BREAKING: President Trump calls a press conference to assure the American people that the #Coronavirus has been completely contained, and that there is no legitimate threat to any Americans.
Video of Trump offering soothing words to US citizens: https://twitter.com/PaulLidicul/stat...21315254292480
https://www.cnbc.com/2020/02/25/whit...ronavirus.html
The White House said President Trump was referring to the Ebola virus — not the deadly coronavirus — when he claimed that “we’re very close to a vaccine.”
The Food and Drug Administration announced in December that it had approved a vaccine for the prevention of the Ebola virus.
I will be having a News Conference at the White House, on this subject, today at 6:00 P.M. CDC representatives, and others, will be there. Thank you!
— Donald J. Trump (@realDonaldTrump) February 26, 2020
How Dare You, you have stolen their thunder again
this is why he uses twitter to communicate
Wow - that was poor.
And putting Pence in charge of the US government response - the man who doesn't believe in medical science (or any science if he can't find it in the bible).
Masterful!
As a leading proponent of the "Buck stops anywhere but here" School of Presidential Responsibility I think Trump just pointed Pence towards the under-chassis of the Coronavirus Bus should Trump's nonchalance prove to be misplaced.
As a doctor who ran vaccine programs to decrease the spread of disease, @realDonaldTrump is doing what’s necessary to protect Americans from the #coronavirus. Democrats’ attacks are unfounded and aimed at stoking fear for political gain.
— Bill Cassidy, M.D. (@BillCassidy) February 27, 2020
One of the third party inspection agencies who visits our place has grounded all their inspectors who have visited Italy on inspection duties in recent weeks, North Italy is a massive hub for engineering, especially forged components.
The FTSE 100 finished slightly up yesterday after falling 1.5% intraday. The Yank Dow Jones was also up and appeared on course to break a four-day losing streak... then Trump showed up with a bumbling display at a press conference he had called and the Dow reversed. Selling resumed in Japan overnight and the FTSE 100 is back to struggling again, down 2.4% currently.
The pandemic panic in the financial world continues at an accelerating rate. The crude oil price has fallen 5% today and 12% since Monday signalling less demand and slowing world trade. The US 10 and 30-year treasury yields continue making new all-time lows. They are perceived as safe havens to shelter money. Stock markets are pummelled lower too; UK FTSE 100 is minus 3.7% today, US Dow Jones is down 2.2%.
Buy beer, lots of it!
Where are the counterfeiters at the US Federal Reserve and the network of other central banks who have spent a decade throwing funny money at what's become known as the 'everything bubble' that they deliberately created? No way will this bubble pop without them wanting it to. It's looking like a controlled demolition is in progress with each passing day.
MSM went all in Corona once impeachment failed
Nobody takes the MSM seriously anymore, everybody thought Trump was crazy but he was bang on the money when he called them the fake news mediaMSM went all in Corona once impeachment failed
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