from King World News
Look at who just warned the situation in China is worse than people think.
China: Worse Than People Think
February 6 (King World News) – Bill Fleckenstein: Overnight the SPOOs continued their recent fantasy that all will be well shortly, or alternatively that nothing matters anyway, so let’s party. However, soon after the market opened in New York it was back to about flat.
Symptoms May Include Weakness, Fatigue, and Headaches
The more I read about the consequences of the coronavirus and the behavior of the Chinese, a couple of things are clear. First, we don’t know what’s really going on, not just because the data is a couple of weeks old, but it’s almost a guarantee that the Chinese aren’t telling us the whole truth. One thing is for sure: the news doesn’t fit the official behavior.