Good morning. Just when it seemed that markets had nothing to fear, thanks to a signed trade deal between the U.S. & China, as well as the Fed’s repo operations to keep the financial system running smoothly, the coronavirus that started in China may be the next market fear.
At its best, it could simply dampen demand for travel and tourism around the world, but mostly in Asia. That was the case with outbreaks of avian and swine flus, and mostly had no impact on the U.S. economy. But for now, it seems to be giving stocks a reason to pause after its long rally upward. While these outbreaks can be serious, they don’t last forever, and the market will likely get back to rallying soon.
One thing or another … now they say even the kind of water you drink in the AM will determine if you’ll feel tired and lack focus all day — you’ll feel old and AWFUL! Maybe we should just stay-in-bed ALL DAY! 😉
January 24, 2019
Last month at this time we were getting ready for Christmas … As this was Christmas Eve Day! For anyone else not celebrating this day … I hope you remember this day as one with your family and friends.
God help us all … no matter your religious leanings or your country of origin. As they say on Star Trek … Live long & Prosper!
See you all soon!