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Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust
This is a short version of Dr. Steinbock’s COVID-19 briefing on March 16, released as “The Global Coronavirus Contraction” by the World Financial Review (March/April) on March 23, 2020
Despite China's success in containment, the novel coronavirus is exploding in the US and Europe. The contraction will shake economies, politics and governments worldwide.
As the accumulated confirmed cases of the novel coronavirus (Covid-19) continue to soar, there is no immediate deceleration in sight. The official figures are just the tip of the iceberg. In the US and Europe, mobilization is 1-2 months late.