Community transmittion is just starting hear now. In the US it is just starting to spread rapidly.
Dont forget China locked down cities and even welded peoples homes closed.
I also believe there is under reporting in China, and even yesterday they said it might have been a US soldier as patient 1. Blame game.
I also believe Malaysia and Indonesia are hardly reporting which I find very odd.
Virologists are saying 100m infected in the US is highly likely. .
I know someone in a major hospital in vic, they are adding icu beds rapidly. The person expects an influx in 2 to 3 weeks.
We have not peaked yet.
Believe scientists, virologists and medical people over reporting websites because they are the ones dealing with sick people, not a website.
The markets will be savaged if the US gets millions infected, no two ways about it.
There is no way markets can rise with the world economy in lock down.
Ie revenue equals profits which equal stock values.
I hope I'm wrong but I call 3500 for the asx over the next few months if the US does end up with 100m infected.
If not 4500 as bottom.
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Open | High | Low | Value | Volume |
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0.5¢ | 465994 | 3 |
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16 | 9183486 | 0.003 |
6 | 6201000 | 0.002 |
6 | 6300004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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