China completely shutting down will have second and third order affects for the coming months. Major disruption to supply chains. Once earned reports come in next quarter a lot of companies are going to miss forecasted earnings and further drive the market down.
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All the more reason we need to ramp up US manufacturing
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Seeing as how I am not a member of the 0.1 percent, I couldn’t care less about the stock market. But I do care about this latest strand of corona virus.
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“The Lord will roar from Zion and thunder from Jerusalem; the earth and the heavens will tremble. But the Lord will be a refuge for his people, a stronghold for the people of Israel.” -Joel 3:16 (NIV) Donald Trump 666.
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