FWIW:
Ships Are Skipping China and It’s Causing Turmoil for Trade
https://finance.yahoo.com/news/ships...000000829.html
Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus
https://www.cnbc.com/2020/02/17/appl...-in-china.htmlApple said Monday it does not expect to meet its second-quarter forecast for revenue.
The company cited global supply constraints for iPhones and lower Chinese demand as a result of the coronavirus outbreak.
Apple said in late January that it expected revenue of $63 billion to $67 billion in its fiscal second quarter.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
FWIW:
Ships Are Skipping China and It’s Causing Turmoil for Trade
https://finance.yahoo.com/news/ships...000000829.html
Asia stocks fall in early Tuesday trading as economic impact of coronavirus weighs on markets
https://www.marketwatch.com/story/as...=mw_latestnews
Oil demand dampens, gold soars past $1,600 amid coronavirus concerns
Yahoo Finance VideoFebruary 18, 2020
Oil prices lower as the coronavirus is dampening demand from China. This comes as investors turn to safe assets, causing gold to climb past $1,600 for the first time since 2013.
https://finance.yahoo.com/video/oil-...195459314.html
‘Chernobyl-like’ response by China means ‘worst is yet to come’ for coronavirus, Raymond James says
https://www.cnbc.com/2020/02/18/cher...ames-says.html
CNBC's live blog on coronavirus updates:
Coronavirus live updates:
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Disclaimer: This is not advice or a recommendation.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Pre-markets flipped from green to red and was looking for a reason.
FWIW:
Goldman says market underestimating coronavirus risk: ‘Correction is looking much more probable’
https://www.cnbc.com/2020/02/19/gold...-probable.html
Sorry, I did not mean to “like” that one.
I agree that everything I am seeing tells me a big market pull-back is brewing. This virus is going to be very dangerous to the economy of China, which will hurt economies all over the world.
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'Imminent'?
Goldman Sachs warns of imminent risk for stocks due to complacency on coronavirushttps://www.marketwatch.com/story/go...?mod=home-page
The headlines sure want us to be panicking, yet new highs in stocks. Who to believe?
Coronavirus live updates: US hospitals prepare for possible pandemic, Air France tallies ‘brutal’ impact from outbreak
https://www.cnbc.com/2020/02/20/coro...t-updates.html
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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