Headline: "...as virus slows." is factually incorrect!
Latest Coronavirus statistics from all sources including WHO is that both No of Deaths & No of Infections is rising!
More relevant still, is that WHO predicts that a Vaccine in unlikely for some 18 months!
So, yes US Markets continue to rise. As does ASX, nearing record highs.
Meantime, Investor's Warnings: 1. New ERA on ASX-Double Whammy Of Zero Dividends plus Plummeting Share Prices. e.g. BKL, AMP. Kore to come. 2. Be Wary Of Companies Reporting Major Falls In Sales & Profits Yet Retain Dividend Payouts-Latter From CashFlows, Draining Retained Earnings. e.g. TLS.
Note: This Is Pre-China Coronavirus Massive Hits To Sales, Margins, Profits Of ASX Corporates In 2020 & Beyond.
As to ASX Today, divorced from "real" economy/economic activity. Speculator's &/or Fools Paradise?
