The number of deaths in China is now reported at 81 while the global number of reported cases climbs to over 3,000 – and the reported numbers are increasing fast. The key points to keep in mind are that the region in which the Chinese government went into lockdown saw a 5,000,000 person exodus and this virus could be spreading around China, also note that Hong Kong airport services over 220 destinations around the world so this explains why there are confirmed cases in Japan, the US, Australia, France, Thailand, France, Malaysia, Singapore with more cases being reported by the hour. The most telling bit of information is that according to Chinese authorities, the symptoms are getting more severe. Final note, when the SARS epidemic struck, it took over 20-months to find a usable vaccine. Global equity markets are taking this virus seriously, as I type, US markets are under pressure.
China Coronavirus Death Toll Climbs, Global Equity Markets Fall
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