Nope. The markets were set for a fall with or without coronavirus. Impeachment, Brexit passing, and a general bubble that’s primed to pop. Donnie Boy finally blew his “big, ugly bubble” … 25% annual rise in the S&P 500 without a real rise in fundamentals. Market peak was 17 January, before coronavirus was a big deal in the US media.
I’m not happy about coronavirus — I will be happy if the economy gets us a social democrat as President this year, not a wrecker like Trump. We need public health insurance, more trains (beautiful trains), and cheap education, not $400 billion a year flushed down the toilet on military adventurism. Someone like Sanders would fix a lot of problems caused by the bad governance and military homicide sprees of the past 19-odd years.
