THAT HUGE PLANE HE HAS ON THE RUNWAY OFF THE GROUND OR NOT,
WHICH RIGHT NOW THEY TR GUNNING
ENGINES BUT WE HAVEN’T SEEN TAKE
OFF.
OFF. >>> FOLLOWING BREAKING NEWS
AROUND STOCKS.
AROUND STOCKS. THEY’VE TANKED DUE TO KEARNS
OVER THE
OVER THE OVER THE -- CONCERNS OVER THE
CORONAVIRUS.
CORONAVIRUS. >>> MARKETS ARE PRECIPITOUSLY
SELLING OFF AND IT HAS TO DO
WITH SPREAD OF THE CORONAVIRUS.
WE’VE KNOWN QUITE SOME TIME THE
CHINESE CASES WERE ESCALATING.
NOW IS TEAMS S SEEMS INVESTORS T
ATTENTION TO CASESOUS OF
CHINATWO IN PARTICULAR IN FOCUS.
SOUTH KOREA, 750 CASES ARE MORE
OF CONFIRMED CORONAVIRUS MAKING
SOUTH KOREA THE MOST INFECTED
COUNTRY OUTSIDE OF MAINLAND
CHINA.
CHINA. ALSO WHAT’S HAPPENING IN THE
CONTINENTAL EUROPEAN SITUATION,
ITALY.
ITALY. THAT PARTICULAR COUNTRY HAS NOW
SEEN OVER 130 CASES AND 5 DEATHS
TIED TO THIS PARTICULAR VIRUS.
THAT MEANS THE EUROPEAN SIDE OF
THINGS ARE SEEING THAT KIND OF
SPREAD AS WELL.
SO BETWEEN SOUTH KOREA AND
ITALY, AND THE ESCALATING
NUMBERS THERE, THAT’S THE REASON
WHY YOU’RE SEEING MARKETS SELL
OFF THE WAY THEY ARE.
THE ISSUE NOW, WHETHER OR NOT WE
SEE A SITUATION WHERE
GOVERNMENTS INTERVENE EVEN MORE.
THAT’S WHAT TRADERS AND
INVESTORS WILL LOOK CLOSELY FOR.
ARE THEZY TAKING FURTHER STEPS I
PLACES LIKE ITALY OR SURROUNDING
COUNTRIES IN EUROPE AND WHAT
EXACTLY IS SOUTH KOREA DOING TO
HELP STEM INFECTION THERE’S?
WE’VE HEARD THE GOVERNMENT
INVOKED EMERGENCY POWERS TO
ALLOW THEM, IF THEY NEED TO, TO
RESTRICT TRAVEL AND ALSO INJECT
MORE MONEY IN THE MONEY SYSTEM
IN CASE THINGS GO REALLY BAD.
RIGHT NOW, HEARD ANECDOTAL
EVIDENCE IN PLACES LIKE ITALY
AND SOUTH KOREA GROCERY STORES
RUNNING LOW ON SUPPLIES, PEOPLE
ARE STOCKING UP.
ALL OF THOSE ARE REASONS WHY
THERE IS THIS KIND OF MARKET
SELL-OFF.
SELL-OFF. WE’LL MONITOR IT.
THAT’S WHY YEAR SUING THIS TO
START THE OPENING BELL.
OVER TO YOU.
>> THANK YOU.
DOM CHU, THANK YOU VERY MUCH.
>>> STILL AHEAD ON "MORNING JOE"
WE GO LIVE TO INDIA FOR AN