Tomorrow might be brutal

in #steemleo5 years ago

mrqume.jpg

The Saudi markets are open on Sunday and if they're any indication of what's in store for us when he markets re-open tomorrow, it could be brutal.

Their exchanges are down 8-12% on the day. Part of it is due to economic anxiety over oil and the rest is due to more corona virus cases popping up in the middle East.

I really do think the panic is overdone based on living with this thing for nearly 2+ months now.

Yes it can be deadly and may overwhelm the healthcare system but this is no SARS or flying Ebola. The best thing you can do is to stay fit and manage your underlying conditions like diabetes and high blood pressure.

The US is taking another approach but keeping life going as per normal. The LA marathon will still go ahead. Not sure if that's a good idea but sometimes maybe it's the panic that does more harm than the actual disease.

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Not looking good... 20% plunge in oil.