"Mortgage originations, including refinances, increased significantly in the final quarter of 2019, with auto loan originations also remaining at the brisk pace seen throughout the year."
Ending the limited quarantine and falsely proclaiming China safe for visitors and business travelers will only re-introduce the virus to workplaces and infect foreigners...
As global supply chains - most of which pass through China - crash and burn, Chinese end-buyers have two words for all those sellers who are now facing imminent bankruptcy: "force majeure."
Without making any prediction about how long this crisis will persist there is one absolute truth about business - that is, when commerce is interrupted, slowed or idled completely company revenues and profits drop hard.
"I have made serious mistakes in judgment, and, in the process I have violated the law. For these actions, I take full responsibility and I am truly sorry."
"in recent weeks, equity and bond markets gave up some of their gains as uncertainty about the economic effects of the coronavirus weighed on investors."
