Tuesday, December 1, 2020

Tag: ODDS OF CORONAVIRUS BECOMING A PANDEMIC JUMP 40% AS THE VIRUS WIPES $5 TRILLION FROM MARKETS

ODDS OF CORONAVIRUS BECOMING A PANDEMIC JUMP 40% AS THE VIRUS WIPES $5 TRILLION FROM MARKETS

by Mac Slavo, SHTF Plan:

The odds of the coronavirus outbreak becoming a pandemic have jumped 40% recently. As nations struggle to contain this virus, it’s taking its toll on the markets too, wiping out $5 trillion.

Cases of the new coronavirus disease are rising quickly outside China, and the odds of the outbreak turning into a pandemic have now doubled. The odds are up from 20% to 40%, according to a report from Moody’s Analytics. “Our previous assumption that the virus will be contained in China proved optimistic, and the odds of a pandemic are rising,” said the firm according to CNBC.