I believe the new virus will trigger a recession. The global supply chain is broken, most people just don’t realize it yet. China’s economy has crashed. A couple more weeks of quarantine and a lot of small businesses will fold. This will have a cascading effect. The debt situation in China is bad. Banks will collapse when lots of people and businesses default on loans, a lot of factories will never restart. Meanwhile factories outside China will shutdown because a lack of supplies. Some car factories already have.

I will sell most of my stock this week.