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Saturday, February 29, 2020

WHO has raised the covid-19 outbreak to the highest alert level.

https://sg.news.yahoo.com/virus-detected-sub-saharan-africa-global-stocks-tank-044456027.html

This is really a piece of bad news for the stock markets.

The world is just waiting for a major outbreak in the USA now.  Even the US CDC said that it would be a matter of WHEN and not IF.  The US cannot contain the US flu virus and I doubt the US will be able to contain the covid-19 outbreak like what China is doing.  I suspect the US will focus on supportive healthcare for this outbreak instead which is what SG is doing.

Let's see how this will unfold.

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