RE:Today is by far the largest increase of cases outside Chinayou are seriously a fvcking nutjob! does your mom know your even on her computer and not at school? ........
WheresMeGold wrote: The number of new confirmed today of coronavirus outside of China has had by far the largest daily increase yet. This will continue to grow exponentially for some time and have a huge deflationary effect on commodities, particularly oil.
Today Greece and North Macedonia are two European countries to confirm their very first case. Pakistan also has had its first confirmed case today. You can be sure that for every confirmed case there are many infections untested and therefore unconfirmed.
Wait until this virus gets into the Middle East and African migrant communities. This will further bring this virus to Europe. The human cost is and will be very sad and unfortunate.
Market reaction this week was well overdue and much more pain is to come. As I’ve stated before expect Brent to drop below WTI and both grades to find a home in the $40’s per barrel. Hopefully VET figures out the new business environment it faces, one that I previously pointed out was already troublesome before coronavirus.
JMHO. GLTA.