The markets are pricing in a SWIFT resolution to COVID-19, an immediate cure and a quick return to normal since stocks have been ON FIRE since last week. I've gone through the entire apparatus of potential drugs to cure patients and there are CURRENTLY 35 different ones being considered, with some of them already being administered, but the UPWARD movement in stocks is deceiving since the volume traded is ODDLY THIN.
One of the things that sets the United States apart from the rest of the world is that we are supposed to have certain civil liberties guaranteed to us by the U.S. Constitution. Of course, the U.S. Constitution has been absolutely trampled on by many of our leaders for decades, but most Americans still deeply cherish the basic rights which are enshrined in our founding document.
The coronavirus has now, effectively, BUTCHERED every person who planned on retiring in the next 5 years. The Dow Jones Industrial Average has entered a bear market. NEVER at any point in American history or in modern European times, have the markets gone from all-time highs to bear market this ABRUPTLY or SUDDENLY.
Is a widespread coronavirus outbreak inside the United States inevitable? After weeks of generally optimistic statements, officials are now warning us to prepare for the worst. Over the past several days we have seen the number of confirmed cases outside of China escalate dramatically, and this has really rattled global financial markets.
President Donald Trump is facing a "black swan threat" to the economy and therefore, his reelection chances. Even Trump‘s leading allies acknowledge the deadly coronavirus could present an existential political threat for the president in an election year as markets plunge the further the virus spreads.