As the coronavirus “Covid-19” makes its way around the globe, people are scrambling to wrap their arms around the latest epidemic and what it means.
Thus far, it has reached 109 countries and appears to be headed for more. The overwhelming majority of cases to date have taken place in China, the country of origin, and it remains to be seen how effective containment efforts will be elsewhere.
As arguments begin to break out as to whether this is “merely an epidemic” or a “full-blown pandemic,” it seems pretty moot. The virus is spreading, and it is a valid and real health concern for many.
Making matters worse, this is also the first global crisis we have faced in the “social media” era. The echo-chamber the last several weeks has been incredibly loud, and incredibly hard to avoid. And the “regular” media is not helping.Continue reading “Oil Wars, Covid-19 and Markets…continued”