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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Wednesday, February 26, 2020

Articles and more!

To say my reading of articles is up in putting it mildly.   I will post many here, so check back.
Great article about tipping point for market plunge.   Losing gains back to December is nothing.
https://www.zerohedge.com/markets/60-billion-puke-here-comes-systematic-selling-and-watch-russell-2000
New orders collapse
https://www.zerohedge.com/economics/richmond-fed-business-survey-crashes-february-new-orders-collapse
Subprime credit card delinquincies pass 2008 crisis. (And we are at all time high employment.)
https://www.zerohedge.com/personal-finance/subprime-credit-card-delinquencies-spike-record-high-surpass-financial-crisis-peak

CDC warns US outbreak imminent.
https://www.nytimes.com/2020/02/25/health/coronavirus-us.html
If CDC believes outbreak imminent, why have only 400 people been tested?
https://www.zerohedge.com/geopolitical/expert-warns-dysfunctional-us-health-care-system-faces-critical-shortage-coronavirus

Why fed won't save the market (opinion peace, not facts)
https://www.zerohedge.com/markets/no-fed-wont-save-market-heres-why

Harvard professor claims 40-70% of world will be infected
https://www.zerohedge.com/geopolitical/harvard-professor-says-40-70-people-worldwide-will-be-infected-covid-19

Only 13 countries prepared (not USA).  How to prepare.
https://www.zerohedge.com/geopolitical/grim-reality-about-pandemics-they-dont-want-you-know-no-country-prepared


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