The Coronavirus will have a huge negative impact on the world economy

[RAB910]

We are quietly hearing disjointed reports that are indicating the negative economic impact of the virus

- international conferences canceled

- airlines and cruise ships taking it on the chin

- massive impact on China's economy

- shortage of products and critical supplies in other nations that are sourced in China

- a hard hit on the tourism trade worldwide that counts on a hefty contribution from Chinese tourists


All of these things will add up and lead to a cascading effect that will plunge the world wide economy into a tailspin. Expect it to start when the next round of earnings reports start to come in.

[safeinOhio]

1. THERAFLU stock

might get a boost.

[The Velveteen Ocelot]

2. Theraflu doesn't work on this one - completely different and unrelated virus.

[safeinOhio]

5. Won't see that

on their tv ads.

[RAB910]

3. Sadly that isn't a treatment for the disease

[smirkymonkey]

4. K&R

[empedocles]

6. Markets often do not wait for earnings reports

[RAB910]

7. generally not but I don't think investors are focused on the right things

they are looking at the spread of the disease rather than the current economic impact

[DavidDvorkin]

8. And the Republicans will blame Obama.

[shockey80]

9. Don't worry, Trump will save us. NOT!

[Igel]

10. Oil.

https://www.eia.gov/petroleum/weekly/

https://www.bloomberg.com/news/articles/2020-02-02/china-oil-demand-is-said-to-have-plunged-20-on-virus-lockdown