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Spoiler alert: No.

The industry was already struggling with falling revenue in 2019...
 

Of the 31 nations for which February data were available, 15 registered a contraction of output...

... the survey is consistent with factory production and orders both falling at annualised rates of around 3%, with manufacturing jobs being lost at a monthly rate of roughly 20,000...

The IMF and WHO are holding back...

"We see a high risk that the easing we expect over the next several weeks occurs in coordinated fashion, perhaps as early as the coming week."

On the bright side, Greta must be cheering the deadly Covid-19's spread across the world...

Print your way to prosperity, what could be simpler? Only those who profoundly hate humanity could embrace the idea...

... or else they will get a "visit" if they fail to consumer 3000 kWh of electricity by midnight.

...less than 7 percent of American workers are employed in occupations paying a median salary of $100,000 or more.

The changing demography since 2008 has changed everything...

Not even in the depths of the global financial crisis did China suffer such a spectacular collapse.

The public is not following the USMCA story closely...

Authorities have a choice: i) Adopt Draconian quarantine measures and trigger a global recession as worldwide economic activity grinds to a halt, or ii) risk a pandemic by failing to take more aggressive action also resulting in a global recession.

"Our forecasts do not incorporate a global pandemic that would basically shut down economic activity in many major cities..."

The ECB is not yet at the stage where it would have a lasting impact on inflation and, therefore, require a monetary policy response.

"US companies will generate no earnings growth in 2020. Our reduced forecasts reflect the severe decline in Chinese economic activity in 1Q, lower end-demand for US exporters, supply chain disruption, a slowdown in US economic activity, and elevated uncertainty."

Of course, with the global economy grinding to a halt due to the coronavirus pandemic, what happened in Q4 is now completely irrelevant.

...durable goods orders are still down 2.3% YoY - in contraction for 8 of the last 9 months...

...while the media is crowing that “reflation is on the horizon,” the commodity complex is suggesting that whatever bump there was from the “trade deal,” is now over...