I Warned You the Coronavirus Would Crash the Markets

Now HERE’S how we’ll make some money… Trouble viewing this e-mail? [Click here to read it online]( [Strike Price]( I Warned You the Coronavirus Would Crash the Markets By William McCanless | February 28, 2020 Hey this is William McCanless again. One month ago Andy Crowder asked me to guest-write a Strike Price issue explaining my thoughts on the Coronavirus from the ground here in Thailand. Many people accused me of having on a “tin foil hat” and being a conspiracy theorist – especially when I told them to [start taking this 10 minute trade]( because the markets were going to tank soon. (NOTE: [If you haven’t started taking this trade yet CLICK HERE]( as I’m about to reveal – things are about to go into over-drive). If you didn’t get that email, here’s basically what I said… - The virus is much worse than you’re hearing about. - It has infected and killed far more than you’re hearing about. - It is shutting down businesses and causing supply-line problems on a global scale and everyone is trying to cover up this fact. - The economic impact is going to be catastrophic when the news actually starts reporting accurately. Bear in mind – this was 30 days ago. After I sent this email the market made brand-new highs. People said, “William – guess you were wrong!” But I warned that, from a fundamental perspective – everyone was UNDER-reacting to this crisis. I maintained that it was close to impossible for the world’s second largest economy to be shut down for over a MONTH (with over 500 million people quarantined in that country) and have it not affect the global economy, especially the market at home. Now that the virus is spreading to South Korea, Japan, Italy, Iran, Sweden, and growing exponentially in our very own California…. …and now that mainstream news sources are finally starting to catch-up with the reality that China has been lying about their numbers and the severity of their economic shut-down (as I outlined in my last guest-issue)… Investors can no longer take the “Oh you’re just over-reacting, this is just the flu!” route. But here’s the thing… Even Though The Markets Are Selling Off Right Now, The TRUE Reality Of This Virus and Its Disruption Is STILL Not Priced In [This week the Financial Times detailed that this has been, "The worst week since the 2008 financial crisis."]( They went on to write, “The MSCI World index was down 9.4% -- the worst performance since November 2008.” Goldman Sachs – a notoriously bullish Wall Street investment bank – said that if Coronavirus continues to spread it could, “Wipe out all aggregate profit growth for the S&P 500 in 2020.” Chief Strategist David Kostin wrote a note to his clients… “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. The South China Morning Post warned that a whopping 85% of small businesses in China will run out of cash in the next 3 months. These small businesses are responsible for 80% of China’s working population. But here’s the kicker – China and their WHO lackeys have been lying about the true number of infected, the true number quarantined, and the true number dying since the start. [But South Korea ISN’T](. While the CCP was busy arresting doctors who tried to warn the public and disappearing any journalists in Wuhan who released updates on what was happening, along with stepping up their Propaganda machine… … South Korea decided to report real numbers and be honest. Now we have a glimpse into the actual power of this virus, it’s actual rate of spread, and it’s ACTUAL mortality rate (rather than the consistently perfect 2.1% mortality rate released by China because apparently viruses can do math). On Friday, February 21st there were 229 confirmed cases of Coronavirus in South Korea. The next day there were 433. By Friday, February 28th it’s at 2,337. That is a 920.5% increase in one week. This is – in part – what has been driving much of the sell-off we’re seeing this week, causing the VIX (the volatility index) to spike 43%. Which – by the way – is the perfect time to take this unique 10 Minute Trade [CLICK HERE now to get in on this monumental cash-grab caused by spiking volatility](. There have been 13 deaths. Now that may not seem like a lot – but here’s the thing. The incubation period for this virus is upwards of 14 days (sometimes as long as 24 days). And it usually takes 7 to 14 days to recover from (or get the “green light” that you’re good to go home). If you are going to die from this virus, you would pass away within 7 to 14 days AFTER being confirmed infected. So the more accurate way to gauge mortality rate with the week’s worth of data that we have is to look at the total infected a WEEK ago versus the total dead TODAY. And when we do that – we are looking at a mortality rate of 3%. To put that in perspective, the Spanish Flu which killed 1.7% of the world’s population between 1918 and 1920 had a mortality rate of 3%. I hear many people brushing off Coronavirus saying, “More people die of the flu every year!” It’s important to understand, influenza has an average mortality rate of 0.13% in the United States and the world has only known about this coronavirus since mid-December. It’s also important to understand that this “super virus” is more infectious than SARS or anything we’ve seen before. According to new research by a team from Nankai University, this virus has an [“HIV-like mutation” that allows it to quickly enter the human body, binding with a receptor called ACE2 on a cell membrane](. According to the study, this ‘mutation’ creates a “binding method” that is “100 to 1,000 times” more efficient than SARS. Now add in the fact that about 15% of people who are give the “green light” to go home are RIGHT back in the hospital in less than a week, having been re-infected (and it’s deadlier the second time around). That doesn’t happen with the flu. You don’t get over the flu and a week later you’ve got the flu again. Now, similarly to China, South Korea has already begun going on full city lockdowns – Daegu the country’s 4th largest city with 2.5 million residents has effectively been designated a “Special Zone” and people are not allowed to leave their houses. To put that in perspective – that is more than the populations of both San Francisco and San Diego combined. Korean pop group BTS just announced that they are halting their much anticipated “Map of The Soul Tour.” Now you may think it’s silly to mention something like a Korean boy band cancelling a tour. But look at it from this perspective: In just three concerts BTS held in Seoul in 2019, the economic effect was worth $861 million (according to researchers at Korea University). BTS contributes $4.7 BILLION to South Korea’s overall GDP – on par with Samsung and Hyundai. Their Twitter gets 4x the engagement of President Trump. So while it may sound silly, the fact is that this “cute boys” pop band from Korea cancelling a tour like this, is like Samsung shutting down operations for 6 months as far as impact to South Korea’s GDP. And yes – I’m serious. Add on to the fact that Japan is calling into question even having the Olympics and has also shut down Disneyland Tokyo. These things are GIGANTIC money-makers for these economies and they are also responsible for THOUSANDS of jobs. It’s not like anybody WANTS to shut this stuff down. Nobody is going to miss out on hundreds of millions to tens of BILLIONS of dollars in revenue for “just the flu.” Yet when it comes to this virus, we are seeing exactly that. The actions of these countries – China, Japan, South Korea – are not lining up with the rhetoric of “Don’t panic, everything is fine, it’s not that bad.” The fact is that we are likely to see more news come out causing more and more wild market swings – and especially bigger spikes in volatility. [The good news is you can profit huge off this rise in volatility and uncertainty in just 10 measly minutes using this simple, unique trade CLICK HERE](. Let’s Close This Issue Out With Some Questions To Consider… In the last issue I wrote, I said this wasn’t going to be the “Walking Dead” and the world’s not going to end. I still believe that – what I’m concentrating on are the economic effects of this virus and the deliberate disinformation about it. I also left off with some questions. Primarily – what happens when the world’s second largest economy is shut down for even just 15 days? What happens when none of those factories are producing products and when businesses all over the world start running out of stock? Today we see the answer to that question. [But here are some new questions to ask yourself…]( What happens if and when the WHO officially labels this a Pandemic? How will the markets react then? What happens if even a small city in the United States is quarantined similarly to what’s happening in China…or South Korea…or even Italy? What happens as China’s residents start running out of money and thousands upon thousands of small businesses start going under? What happens when people start having to skip meals while they are locked inside their homes? …. Will they take to the streets? It’s tempting to think that this “whole thing will blow over.” My belief – and from my perspective close to Ground Zero – this is still in the very beginning. And the market has barely begun to react to the reality and severity of this global situation. - William McCanless NOTE: Thanks for hearing my perspective…. Regardless of what you believe. Here’s the fact of the matter VOLATILITY IS BACK BABY! And now is the perfect time to take this simple [ten minute trade (CLICK HERE)](. You could make [14.6% gains on Monday]( with this trade. In fact, you could bring in a massive cash income [every week for the next year]( and all you gotta do is push a button and spend about 10 minutes. [Andy’s got an awesome webinar coming out so CLICK HERE to learn this easy, fast trade](. If you have any questions about your subscription, please contact Customer Care at 866-447-8625 or 802-448-8410. 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