Posted by (#2020 new crown virus epidemic topic) Due to market concerns caused by the new crown virus, the S&P 500 index fuse directly at the opening of this Monday, and finally fell 12% to 2,386 points.This is the history of U.S. stocks since the introduction of the circuit breaker mechanism in 1987The fourth blow.也是過去一周，繼3月9日、12日以來的第3次熔斷。與此同時，道瓊斯指數狂瀉將近3000點，成為自1987年以來最大跌幅的一個交易日。
On Friday, US President Trump’s team was in the White HouseHold a press conference, Declared a national emergency and countermeasures.On the following Sunday, the Fed announced an emergency rate cut to close to zero interest rates and launched 0 billion quantitative easing measures.With today’s market performance, the appeal measures failed to calm the market because of theNew Coronavirus OutbreakThe panic that occurred.
Market panic index rose 42% in a single day
As all parts of the United States continue to announce the entryStrictly prevent the new coronavirusThe US market panic index VIX soared by more than 40% this Monday to 82.69 points.It surpassed the value of the 2008 financial crisis and hit a record high.
The VIX index is the trading code of the CBOE market volatility index, which is commonly used to measure the implied volatility of S&P 500 index options.Often referred to as the "panic index" or "panic indicator", it is a measure of the market's expectations of market volatility in the next 30 days.
The development of the national epidemic and the president's inappropriate remarks
San Francisco Mayor Breed announced earlier this day that the city will be closed, and unless there are important matters that have to go out, people are required to stay at home.This lockdown order will take effect at midnight today.Important government agency measures and stores will remain open for business.
The Los Angeles County Public Health Department announced this afternoon that there were 25 new cases of new crowns in Los Angeles County. A total of 48 new cases of new crowns have been confirmed in the past 41 hours, bringing the total number of new cases in the county to 94.
The most controversial remarks today are U.S. President Trump. After a series of policies did not save market confidence, Trump posted shocking remarks on Twitter, using the words "Chinese virus", which triggered racism and Controversy of xenophobia.
In a large number of comments criticizing his irresponsible attitude, a doctor said: "It finally happened.I was extremely worried that Trump turned this matter into racism and xenophobia, calling COVID-19 the "Chinese virus".Since the president of the United States has made a conscious decision to embark on this dark path of hatred, our country will be in endless trouble."
There it is. I've been deathly afraid of this exact moment where Trump turns to racism and xenophobia and calls COVID-19 the “Chinese Virus.” We are in deep trouble as a nation now that President of the United States makes the conscious decision to go down this dark path of hate.
—Eugene Gu, MD
(Reported by the editor of American Life Insurance Guide Network)
