

China is far way from the United States, but we’re going to feel the effects of the coronavirus here soon. The Centers for Disease Control (CDC) are working on a vaccine to protect us from the coronavirus–but that is likely a year away. Meanwhile, the State Department has issued warnings not to travel to China or other Asian countries where the coronavirus is spreading. Russia has closed its borders with China. Like any virus like SARS and MERS, the way to protect yourself is to NOT come into contact with infected people. Avoid large crowds. Wash your hands frequently. Surgical face masks may help.
As the public health threat of the coronavirus grows, the impact on the U.S. Economy (and the World Economy) increases daily. Many corporations are scaling back their involvement with China because of the coronavirus outbreak. China’s medical services are stressed to the max. And, the probability of more coronavirus-like illnesses spreading is real. All of this will likely slow down economies all over the world. That Recession I predicted last year was thwarted by THREE Federal Reserve interest rate cuts. But now, the Fed has little power over the tsunami of illness and economic disruption heading our way. Fasten your seat belts!









