Is a widespread coronavirus outbreak inside the United States inevitable? After weeks of generally optimistic statements, officials are now warning us to prepare for the worst. Over the past several days we have seen the number of confirmed cases outside of China escalate dramatically, and this has really rattled global financial markets. After being down more than 1,000 points on...
Read moreWe just witnessed the third largest single day point drop in U.S. stock market history, and experts are warning that things will only get worse if this coronavirus pandemic continues to escalate. On Monday, the Dow Jones Industrial Average was down a whopping 1,031 points, and it looks like there could be more volatility on Tuesday. In fact, the Nikkei...
Read moreMany were hoping that this coronavirus outbreak would begin to subside, but instead we witnessed an explosion of newly confirmed cases over the weekend. In fact, the number of confirmed cases outside of China has doubled over the past five days. If that number continues to double very rapidly, authorities will be talking about a full-blown “global pandemic” in no...
Read moreWe still don’t know if this coronavirus outbreak will become a horrific worldwide pandemic or not, but what we have seen so far is definitely very alarming. People have literally been dropping dead in the streets, the Chinese government has locked down major city after major city, and the virus kept spreading very rapidly on a cruise ship off the...
Read moreGlobal food production is being hit from seemingly every side. Thanks to absolutely crazy weather patterns, giant locust armies in Africa and the Middle East, and an unprecedented outbreak of African Swine Fever in China, a lot less food is being produced around the world than originally anticipated. Even during the best of years we really struggle to feed everyone...
Read moreWhen was the last time that we witnessed a disaster that severely disrupted the supply chains of over 5 million companies around the globe simultaneously? Looking back over the past couple of decades, I can’t think of one. In recent days I have written a number of articles about the economic impact of this coronavirus outbreak, and what we have...
Read moreGlobal economic conditions are really starting to deteriorate quite rapidly. Economists were projecting that Japan’s GDP would shrink by 3.8 percent on an annualized basis in the fourth quarter, but instead it greatly surpassed expectations by plunging 6.3 percent. If Japan’s GDP falls again during the first quarter of 2020, and thanks to the coronavirus outbreak that seems very likely,...
Read moreFor more than a decade, the global economy has steadily grown quarter after quarter, but it looks like that streak is about to come to a very abrupt ending. The coronavirus outbreak in China has brought the Chinese economy to a virtual standstill, and as a result critical supply chains are in a state of chaos all over the world. ...
Read moreJust as the mainstream media was starting to speculate that China could be getting this outbreak under control, a dramatic spike in the numbers has changed everything. All of a sudden people are freaking out again, global financial markets are gyrating all over the place and medical experts all over the world are making bold pronouncements of doom. On Wednesday,...
Read moreFactories all over China have been shut down, global supply chains have been hit by an unprecedented shock, the Baltic Dry Index is absolutely collapsing, the tourism industry is being absolutely devastated, and companies all over the globe are warning that sales will be lower than anticipated this quarter. This coronavirus outbreak is already taking a very serious toll on...
Read moreIf this coronavirus outbreak is not a serious threat, then why is the U.S. government preparing to quarantine victims all over America? As you will see below, 11 U.S. military bases located close to major airports are being converted into “quarantine centers” for potential patients. When I first learned about this, I was greatly alarmed, because we have all seen...
Read moreOver the last several decades, have we ever seen a year start as strangely as 2020 has? Global weather patterns have gone completely nuts, large earthquakes are popping off like firecrackers, it looks like the plague of locusts in Africa could soon develop into the worst in modern history, and a massive plague of bats is severely terrorizing parts of...
Read moreIf the coronavirus is not a serious threat, why are countries all over the world acting so crazy all of a sudden? Perhaps someday we will look back and laugh about how this coronavirus outbreak caused so much hysteria, but right now government officials around the globe are certainly acting as if we were right in the middle of a...
Read moreIn my entire lifetime, I have never seen so much panic over a potential global pandemic. Emergency supplies are flying off the shelves, people are going to great lengths to avoid public gatherings, and flu masks are selling out all over the world. I was recently talking to a friend of mine who lives in Florida, and he told me...
Read moreThe outbreak of this mysterious new coronavirus is getting more frightening with each passing day. As you will see below, even the mainstream media is admitting that the number of cases shows “no signs of slowing” even though the Chinese government has implemented draconian measures in a desperate attempt to contain the virus. Many in the western world continue to...
Read moreIt is a rare thing to witness a truly iconic moment happen on live television, but that is precisely what tens of millions of Americans had the opportunity to do on Tuesday night. At the conclusion of President Trump’s State of the Union address, House Speaker Nancy Pelosi ripped her copy of Trump’s speech in half in front of a...
Read moreThe coronavirus outbreak that is raging all over China right now has been making headlines on a daily basis all over the globe, and rightly so. At this point we don’t know if it will ultimately become a horrifying global pandemic that will affect tens of millions of people, but what we do know is that the virus spreads very...
Read moreCould it be possible that this coronavirus outbreak will be the trigger that finally bursts the biggest stock market bubble in U.S. history? As I have discussed previously, stock prices in the United States were the most overvalued that they have ever been during the month of January, and our stock market has never been more perfectly primed for a...
Read moreThe World Health Organization says that we are facing an “unprecedented outbreak”, and they are basing that assessment on the official numbers that we have been given so far. But what if those numbers are not accurate and this outbreak is actually much, much worse than we have been led to believe? According to the Chinese government, there are now...
Read moreThis coronavirus outbreak continues to grow at an exponential rate. In fact, the number of cases is 14 times larger than it was just one week ago. Needless to say, if the number of cases continues to escalate at this pace, we are going to have a horrifying global pandemic of epic proportions on our hands very rapidly. But hopefully...
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