Seems the likely progression as China has numbers going down. Although thry welded people into homes because the stupid plebs were ignoring the quarrantine orders. Oh well, human rights or save the people?
Market is going down hard. The bottom will be after quarantine measures have taken place. All my cash will be dumped into the market (banking, aero) and ride the wave up. No brainer.
The cryptos were hillarious. So many wanting to get out of the dead horse that when it ramped like a bastard there was an immediate selloff pushing it back to where it was. Sucks to be those who just copped a 30% loss.
The Chinese type of quarantine will be impossible in most Western nations, even if they wanted to implement it. Most people just don't live in blocks of flats/apartments. I don't think it's needed either though, they just need to slow the spread and the warming weather will take care of the rest.
I think there is a chance the market will bear for a while after the quarantine. How many businesses can survive a month without customers, without sales, without production? How many will go bankrupt 3 months or even 6 months down the line.. If the recent market has all been a house of cards then it looks like it could be ready to collapse. It's definitely not looking good for a lot of people.
I'll be staying away from banking, but aero is of big interest.
