It is interesting, in light of the financial situation, how China and the US are handling the virus. Too attached to the status quo and trying to prevent a more serious correction by downplaying it? Or deliberately under-responding for other reasons?
Conspiracy territory, but if I'm not in China I'm quietly hoping it gets crazy for another month or two, drives stock prices down further, and then buy at low rates.
The constant "we don't know what's really going on!" doom and gloom articles make me think they're either pandering desperately for clickbate, or trying to drive the market further down (maybe both?).
True, I should assume incompetence before malice. Something about it just feels too calculated to me. I guess we’ll just have to wait and see shrug
If it falls 20% from the high, they stop calling it a correction and start calling it a bear market.
Of course, the market went up thirty freaking percent last year to put this price action in perspective.