“The gyrations of the world’s stock markets around the time of the onset of the coronavirus, Covid-19, pandemic have seemed illogical to many observers. The S&P 500 stock price index set an all-time record high on February 19, 2020, after over a month’s news of the epidemic.
The World Health Organization had already labeled it a “public health emergency of international concern” on January 30 when the epidemic had already spread from China to 18 countries. This peak was a few days after news that the epidemic in China had already attacked 66,000 victims and caused 1,500 deaths.
Wouldn’t you think the “smart money” and people on their toes would have seen trouble coming by then? Were they even paying attention?”
Read the full post on: Pairagraph