Rate cut would buoy the market imho, at least temporarily. Or further Chinese stimulus spending / liquidity injection
Ultimately though, if the Virus continues its aggressive trajectory (which seems likely based on available trend data), the global economy will be hit hard and energy prices will plummet
Now is the time to switch capital into defensive assets, not bargain hunting
SXY Price at posting:
33.5¢ Sentiment: Sell Disclosure: Not Held