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Economic Market Snapshot PM 2/18/20

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2/18/20, Updated frequently as available.

“Dominos Are Falling – 
China Shutdown To Crush India’s Already-Crumbling Economy”

“Shocking New Study Says The Coronavirus
 “Could Impact More Than 5 Million Businesses Worldwide”

“The global supply chain Armageddon is happening. The economies of the world are more interconnected than ever. There are many ‘single points of failure’ in these complex and global operations, of which many of them originate in China. A new poll via Shanghai’s American Chamber of Commerce (AmCham) discovered that 50% of US firms operating in China say shutdowns of factories have impacted their global operations due to the Covid-19 outbreak, reported Reuters. Alan Lim of E-Services Group says there is ‘completely no domestic consumption’ now and ‘factories are, at best, this week at 25% production. You need approval by the government to say you can work.’”

Gregory Mannarino,  PM 2/18/20
ANOTHER 88 Billion Fed. Market PUMP. Crushing Debt. 
But Focus On THE VIRUS, Please
-  https://www.traderschoice.net/

MarketWatch Market Summary, Live Updates
CNN Market Data:
CNN Fear And Greed Index:

Buffett Indicator: Where Are We With Market Valuations?

As of 2/18/20 (updates daily): The Stock Market is Significantly Overvalued. Based on historical ratio of total market cap over GDP (currently at 158.1%), it is likely to return -3.3% a year from this level of valuation, including dividends. As of today, the Total Market Index is at $34369.9 billion, which is about 158.1% of the last reported GDP. The US stock market is positioned for an average annualized return of -3.3%, estimated from the historical valuations of the stock market. This includes the returns from the dividends, currently yielding at 1.67%.”

https://www.gurufocus.com/stock-market-valuations.php

Daily Job Cuts, Updated daily.
https://www.dailyjobcuts.com/

Daily Essentials, Updated Frequently:
“You could look it up.” - Yogi Berra
You should…

2/18/20:

And soon enough, the End Game…


Source: http://coyoteprime-runningcauseicantfly.blogspot.com/2020/02/21820-updated-frequently-as-available.html



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