US30 Crash Course To 21555.55| Market Crash| 28th February 2020
Market Crash 2020
We are in the state of anxiety. Traders left with disappointment after president Trump failed to reassure that the virus can contain through US.
This epidemic disrupted international trade and travel. Experts says it took one and a half year to develop the coronavirus vaccine while the disease spreading faster.
The latest slide began Wednesday night, after a news conference by President Donald Trump failed to reassure investors and more new cases of the disease were reported outside China than inside for the first time.
“The number of confirmed cases of coronavirus is on the rise, and so is the number of countries that have infections. Dealers are dreading a pandemic as they are afraid economic activity will be reduced as lockdowns will disrupt the business world.
For me, we are just in the starting period of apocalypse. This could be worse than market financial crisis 2008.
The global economy is on course for its weakest year since the 2008 financial crisis as efforts to contain epidemic has hit manufacturing activity in China and disrupted international trade and travel, Bank of America predicted. Earlier, Goldman Sachs cut its outlook for U.S. companies’ profit growth to zero.
Frankly at this stage after the coronavirus slow down in travel plans that has busted the global supply chain apart, it will be a miracle if we avoid a recession. If companies can’t get the parts, then they can’t produce the goods that make the economy hum.
The Dow Jones US30 prediction to crash to 21555.55.
To be continue..
Regards,
Zezu Zaza
We are in the state of anxiety. Traders left with disappointment after president Trump failed to reassure that the virus can contain through US.
This epidemic disrupted international trade and travel. Experts says it took one and a half year to develop the coronavirus vaccine while the disease spreading faster.
The latest slide began Wednesday night, after a news conference by President Donald Trump failed to reassure investors and more new cases of the disease were reported outside China than inside for the first time.
“The number of confirmed cases of coronavirus is on the rise, and so is the number of countries that have infections. Dealers are dreading a pandemic as they are afraid economic activity will be reduced as lockdowns will disrupt the business world.
For me, we are just in the starting period of apocalypse. This could be worse than market financial crisis 2008.
The global economy is on course for its weakest year since the 2008 financial crisis as efforts to contain epidemic has hit manufacturing activity in China and disrupted international trade and travel, Bank of America predicted. Earlier, Goldman Sachs cut its outlook for U.S. companies’ profit growth to zero.
Frankly at this stage after the coronavirus slow down in travel plans that has busted the global supply chain apart, it will be a miracle if we avoid a recession. If companies can’t get the parts, then they can’t produce the goods that make the economy hum.
The Dow Jones US30 prediction to crash to 21555.55.
To be continue..
Regards,
Zezu Zaza
