VIXM - Quantifying The Pandemic Panic
The Coronavirus (Covid-19) is spreading, and panic is spreading throughout global markets. Unfortunately, it's difficult to know whether this will be a true pandemic or just a panic. We'll know more before too long, but I was encouraged Tuesday morning to read in a Reuters article that
Mainland China reported nine new coronavirus cases outside the epicenter of Hubei on Monday, the lowest since the national health authority started publishing nationwide daily figures on Jan. 20.
Several provinces have lowered their coronavirus emergency response measures, allowing more flexibility on transportation and helping firms resume production.