The VIX indicator typically shows higher levels when fear, doubt and uncertainty rise to a level of panic. That often subsides quickly, but not this time around.
I do believe that having no economy is temporary. I also believe that what comes out on the other side will be smaller, far less global.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
But don't get caught thinking volatility is in the past and we're all clear.
Where to invest as China restarts that economy?
The Fed has attacked developing problems in real-time -- and as China shows signs of life, the semi stocks are benefitting.
We will enter a hyper inflationary world at some point. In that environment bonds and equities will move together in the same direction, and the 60-40 model will not work anymore.
Amid dramatically rising jobless claims, the Fed continues to fire big bullets, the Senate is pushing its economic support package and Gilead and Regeneron have made progress on coronavirus treatments.
Here's how the central bank's actions might help.
Monday's numbers for production, retail sales and the jobless rate are all the worst on record for China. Asian shares continued heavy selling despite central-bank support.
Let's be clear. The virus is the problem, and the economy will contract, perhaps significantly so, regardless of policy efforts made to counteract this reality.
What came first? The chicken or the egg? The bear market or the pandemic? I don't care much for labels.
Shares in Chinese restaurant operators are not reflecting reality on the ground.
Buckle up for what is likely to be another eventful five days.
Let's see, what does the guide to the entire universe have to say that could possibly help us in the face of a virulent virus? Two words.
Let's examine the non consensus view - some reasons why I have started to do some buying.
Here are a number of things that I'm watching now.
The world's third-largest economy is likely to now be in recession, and Japanese investors have sensibly switched into defensive sectors and low-volatility stocks.
With central banks cutting rates aggressively and China and the U.S. pumping even more liquidity, be careful of being too bearish.
Fed repo policy changes confirm that external issues are having only a small impact on U.S. economic performance.
You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."
This rally has been industry, not sector led, and it is all based on technology, whether or not market leaders reside within the Tech sector or not.
What the latest numbers mean for the Fed, interest rates and bonds.
It's the intertwining of Trump's fortunes with the stock market that allows investors to overlook all sorts of concerns that would normally have been paramount.
It's no secret that the Fed would like to get out of the short-term repo business.
The coronavirus outbreak from Wuhan has hit Hong Kong stocks hard as they resume trade. We won't know the impact on mainland listings until next week at the earliest.
After all, it is nearly impossible to find a positive analyst on natural gas or oil.
There is no period in history where job growth slowed to a crawl and the economy didn't fall into recession.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.
Surprises in the political arena and in corporate profitability are my most important deviations from the consensus.