. On Thursday, OPEC recommended additional production cuts of 1.5 million barrels per day starting in April but OPEC ally Russia rejected the additional cuts. With no deal in place when the current one expires at the end of the month, producers could soon pump as much oil as they want.. More than 106,000 people have now been infected by the virus and more than 3,600 have died globally, according to the latest figures from the World Health Organization. U.S.
Meanwhile, the number of confirmed cases in Germany jumped by more than 100 over the weekend and is now up to nearly 800. Italy remains the European country with the worst outbreak, with over 7,000 cases. The U.K. government is holding an emergency meeting Monday to discuss further measures to halt the spread of the virus.
On the data front, Germany releases monthly industrial output figures; there are no major earnings Monday.
Nice to know our Treasury Secretary's experience largely surrounds bankrolling movies and our President is a bankruptcy expert. Could come in handy by Friday.
Dump every dollar now!
😷📢✈💥PullOutYourMoney CRASH
God let the stock markets TANK around the World! God Bless All short-sellers!
and us is the next, even worse
Buy futures in body bags
I invest in company,not accident,the accident part is for Goldman/Citi/JPM to profit.If ppl thought this virus is going to hurt company by 30%,then I have to disagree and buy dip!😋
The luxury of the stock market is that it is virtual reality. It can plunge, the the factories making the rubber ducks don't plunge at all. Maybe much later. They won't of course. we all want and need rubber ducks!
- investors may find this chart instructive -