The Fed just won’t be able to save the markets this go around…
The damage of the coronavirus is done. And last I checked, lower interest rates won’t stop the spread or cure the virus.
Many Chinese businesses, companies and manufacturing plants are completely shut down — and no amount of stimulus will open up factories that are offline due to the number of sick workers or fears that the virus will spread.
Think about it.
And from a technical perspective what I’m seeing in the charts is bizarre — check it out for yourself in the video. But don’t worry, I’ll help you navigate this bi-polar market.
I’m also covering why NASDAQ is leading the overall market… how volatility is impacting the economy… when I expect markets to recover… and how to gain an edge in this market.