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Misplaced Market Euphoria

February 5th, 2020 · No Comments

  • There is still a lot we don’t know about the spread of the coronavirus, and with that, the economic impact of the measures aimed to contain it.
  • With large parts of the second-largest economy in lockdown, this is going to produce a significant shock to the Chinese and, by extension, the world economy.
  • Nobody knows how big that shock will be. With markets already very extended, this is no time for euphoria.

Source: Misplaced Market Euphoria | Seeking Alpha

Tags: The Markets