Friday, February 28, 2020

This Is How U.S. Markets Will Function If The Coronavirus Outbreak Arrives In New York City



Reuters: Explainer: How U.S. markets will function if coronavirus breaks out in NYC

NEW YORK (Reuters) - If an outbreak of coronavirus hits New York, it could cause more sharp selling of stocks, but markets would likely continue to function even if the floor of the New York Stock Exchange had to close.

No case has been confirmed in the state, but dozens of people were being checked in the New York City area on Wednesday.

U.S. stock exchanges said they have contingency plans.

Here is how the markets would work if there were disruptions or panic selling of stocks.

Read more ....

WNU Editor: It has definitely been a bad week .... Stock markets suffer worst week since financial crisis (AFP).

2 comments:

  1. It is a buying opportunity now or in the next few weeks.


    The common cold is a viral infection of the upper respiratory tract. The most commonly implicated virus is a rhinovirus (30–80%), a type of picornavirus with 99 known serotypes.

    Other commonly implicated viruses include human coronavirus (≈ 15%),

    influenza viruses (10–15%),

    We're screwed. "Game over man, GAME OVER!"

    The human race has never, ever been exposed to corona virus before. This is an extinction event. Have the Extinction Rebellion 20 year old kids been notified to man (or woman them) the ramparts?

    Www.youtube.com/watch?v=dsx2vdn7gpY


    If not that then Global warming will get us. There is so much dihydrogen monoxide that were doomed. Doomed I say!

    ReplyDelete
  2. The parody often calls for dihydrogen monoxide to be banned, regulated, or labeled as dangerous. It demonstrates how a lack of scientific literacy and an exaggerated analysis can lead to misplaced fears.

    https://en.wikipedia.org/wiki/Dihydrogen_monoxide_parody

    ReplyDelete