[The beef 675]
[I'm an image]
*Looks at WebMD immediately* - Jason
[Read The Beef Online - Click Here](
Hey there carnivores,
Markets were (finally) down yesterday.
And today weâre keeping it light by talking about what a pandemic means for the economy.
Keep raging,
Jeff & Jason
[Image]
[I'm an image]
Market contagion
Move over ebola.
The pandemic du jour has got the world shook. And markets are no exception. The first reports of a mysterious illness in China began last week. We now know what the deadly respiratory virus is. Meet [coronavirus](.
The disease, which is eerily reminiscent of SARS, the sudden acute respiratory syndrome [immortalized by Kanye West](, has claimed at least six lives in Asia and has made its way to the US.
I'm freaking out, man
US markets were already having a case of the Tuesdays before news broke that the pandemic had reached the land of the free. But all hell broke loose on Wall Street after the CDC [announced]( patient zero was identified in Washington state.
The shares of companies with outsize exposure to the People's Republic were the ones most affected... like MGM (-6.2%) which takes in 21% of its revenue from China.
Unsurprisingly, fears of death by coronavirus are [taking a toll]( on the global travel industry with shares of airlines, travel booking sites, hotels, luxury goods and cruise lines getting dunked on like Lebron by Jaylen Brown.
It's not all bad...
JK, it kinda is.
For some companies, the outbreak has been a godsend. Exhibit A: NanoViricides, which makes "nano-meds" [rose]( more than 150% on the day and was halted for volatility 13 times during trading. Other winners include 3M, Novavax and Aethlon.
Bottom line...
Despite the world collectively losing its sh*t, a WF's strategist reminds us that "History tells us that most of these situations can be contained." Apparently, he never heard of the bubonic plague.
And it's probably worth noting that stocks were having a rare off-day before news of the disease coming stateside broke. Bank stocks were hit by news that UBS [reduced]( profitability targets and Boeing dragged down the Dow after news broke that the manufacturer likely wouldn't get [approval]( for its 737 Max to take flight before mid-year.
[I'm an image]
Well, you probably shouldnât leave your house for fear of contracting coronavirus...
⦠which means you should catch up/join in on my week-long options trading class...
1. Options Fundamentals (Monday night)
2. Portfolio Allocation (Last night)
3. Choosing the Best Contract (Wednesday, January 22nd at 2 PM EST⦠yup, a little afternoon delight with ya boy)
⦠which all leads up to the [MAIN EVENTâ¦](
4. How to identify the 3 phase lifecycle of any stock and how to profit from it (January 23rd at 8 PM EST)
Spots are filling up quickly for the main event... donât miss it.
[RESERVE YOUR SPOT NOW](
[I'm an image]
âï¸ Meat and beans. Starbucks [has announced]( it will add more plant-based options to its menu, as a part of its long term initiative to become âresource positiveâ and its 2030 goal of cutting its carbon emissions in half. Although a partnership wasnât announced, the news sent Beyond Meatâs shares up 18.38% on the day. BYND is up 62% in January. Beyondâs stock certainly bought into the ânew year, new meâ mantra, as it plunged down from its all-time high of $239.71 to close the year around $75 after announcing its secondary share offering.
âï¸ Tastes like summer. Anheuser Busch is [doubling down]( on its seltzer efforts, as its CEO Carlos Brito indicated that its seltzer biz is âprofitable and here to stay.â Chad can breathe a sigh of relief. The brewer owns Bon & Viv, which is one of the top three seltzer brands behind White Claw and Truly, but also peddles a seltzer under its Natty label and will debut Bud Lightâs Seltzer during the Super Bowl. Hard seltzer makes up 2.6% of the total US market for alcohol, which increased from 0.85% the year prior. Meanwhile, US beer consumption fell 2.3% in 2019. Thanks a lot, millennials.
âï¸ Jeff, u up? The Guardian released an article indicating that Jeff Bezosâ [phone was hacked]( in 2018 after he received a video message on WhatsApp from his bestie Mohammed bin Salman. Over the course of several hours, large amounts of data were extracted from his phone, potentially including private information about Jeffrey Two-Timer just months before The Enquirerâs publication about Bezosâ dick pics and his divorce. But why, you ask? You see, Jeffrey owns the Washington Post, an outlet that churned out critical coverage of Saudi Arabiaâs assassination of WP columnist Jamal Khashoggi in October 2018.
âï¸ Regulators. Some companies just canât catch a break. [Boeing announced yesterday]( that it doesnât expect regulators to give the âall clearâ to the 737 Max until June or July, which is months later than the aircraft manufacturer expected. Just when we thought things were looking up. This caused a domino effect throughout the industry. Trading was halted for Boeing shares by midafternoon, as its stock was down 5% prior to the announcement, before closing down 3.3% on the day. Southwest shares dropped 2.7%, American decreased 4.2% and United fell 4.4%.
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