Afternoon all. There are plenty of reasons to be gloomy at the moment. In life, things are very different and many people are isolating to do their part in removing COVID-19 transmission opportunities, and in investing nearly everything is down in value. If you’re a copier of mine on eToro […]
covid-19
Potential good news story brewing over in China & Japan with a Flu treatment called Favipiravir/Avigan, which seems to be effectiveness in helping with recovery from COVID-19, at least in milder cases. In Shenzhen city in China, a clinical trial involving 80 participants demonstrated better chest improvement in those treated […]
Morning All. Worrying developments in Italy overnight as Prime Minister, Giuseppe Conte, signs a decree to limit movement in more than a dozen provinces and this very much resembles the kind of quarantine efforts we saw in Hubei province, China last month. This reportedly effects a quarter of Italy’s population, […]
Afternoon all. More economic data was released by China this morning, reporting that exports fell 17.2% for the January-February period compared to a year earlier and contrasting a gain of 16.5% in December when trade talk resolutions prompted activity to start picking up again. Imports only shrank 4% from a […]
With so little testing carried out in the US, the headlines are only just getting going on this story for them I believe. This is from another article I was reading yesterday: ” During a Senate hearing Tuesday, FDA Commissioner Stephen Hahn was greeted by skeptical lawmakers and pushed to […]
Morning all. In the early hours of this morning China released PMI data for February and it does not make good reading. Manufacturing: 35.7 versus expected of 45.0 This is the lowest ever recorded for this indicator Non-Manufacturing 29.6 versus expected 51.0 Another record low number. A recording under 50 […]
I thought this was quite an interesting story on CNBC this morning. I see a lot of people look at the virus outbreak as something quite insignificant and associate it with its impact on China, but here is a good example of how second order effects can start to accumulate […]