China may recover more quickly than other countries from the effects of the coronavirus. Here is how to play it.
As bond yields are cratering, signifying deflation, there will be margin calls and de-risking, and the oil price and energy sector will be hit the hardest.
Big market moves lead to more big moves as market players constantly try to reposition in response to the unstable action.
Keep a close eye on bond yields and expect worse before it gets better.
Offering a prize for finding a medicine or vaccine to stop the coronavirus would be much more effective at halting this market derailment than cutting rates.
As global markets breached their key 200-day moving averages and with uptrends being tested, there were rumours of globally coordinated central bank easing.
Navigating this market meltdown requires an appreciation of how momentum also works to the downside.
Here are a number of things that I'm watching now.
Poor timing by bounce buyers is creating more downside. There is no rush to build longer-term positions.
It's clear that the market infection from the Wuhan pneumonia is only just beginning.