oh it will. nobody is taking it seriously yet so the number of cases (and deaths) is going to skyrocket massively within a short time period. shits gonna really hit the fan here
Even it cleared up completely today the damage has already been massive particularly in service industry sector. couple that with all the bad debt out there and imminent risk of mass defaults.
I still think China needs to be punished severely for this.
It was a good speech from Trump, he stayed on script and didn't try to downplay the seriousness as much as he has in the past.
I'm guessing these actions will create temporary reprieve, next day or two but the market is going to crash hard when, next week, the cases have doubled.