Psychology is a decisive factor for the stock markets. This is especially true for the current situation with the coronavirus. What is currently happening in China is a strange constellation: the largest wave of population movements in the world (400 million Chinese travel to the New Year) plus increased globalization are causing the spread of a virus with previously unknown consequences. If, for example, the virus were to occur more in western countries, this would have a significant impact on consumption. Although the probability of being killed in a traffic accident is probably higher than dying from the Coronavrius. Nobody would give up their car for this reason! The stock markets are recovering after the WHO did not issue a global virus warning. But over the weekend a sharp rise in Coronavius infections in China is expected.
The Chinese Foreign Ministry has just announced that the telephone conversations with the USA have gone “very well”. Beijing is striving for “real progress” in the trade talks: However, the USA should stop exerting pressure […]
This week’s trading should be a trailblazing week for the equity markets! The US tariff deadline, which expires on Sunday, is likely to create volatility. China’s leadership, it has been announced, has ordered the replacement […]
China is turning into a nation of indebted companies and households – and a trade war is coming at an inopportune time. Despite the much described mentality of the Chinese people, with its diligence, its […]