Markets expected to fall further as coronavirus hits China's economy

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Manufacturing production levels in world’s second largest economy dropped to record lows in February

World stock markets are expected to fall further next week after the first surveys of China’s economic health since the coronavirus outbreak showed factory output plunged and the country’s service sectors contracted.

 

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Western humanity's pride is being humbled: it's the coronavirus that's in the driving seat, which is controlling humanity, not we it. Partly because viruses can kill us, but we can't kill them.

CDC reported 15 confirmed cases of coronavirus COVAD19 of which 12 travel related, 3 from person-to-person spread out of a total of 459 people who had been tested as of Feb 28 2020. And 47 cases in persons repatriated to the US.

The poor market. What a sensitive little flower it is. Imagine if some event was really threatening the planet's future... Like the ClimateCrisis

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