I am still kind of surprised we are in a raging bull market and no one is taking a pause to see how it plays out. I am looking at my supply chain disruption for my business from the extended Lunar New Year shutdown. I don’t know when stuff will start flowing smoothly again. People are being put on unpaid leave in transportation and healthcare (elective surgery options) across Asia. Unless you had a company that supported work from home, in multiple cities in China people have no income and what not during the quarantine period. Air transportation between China and the US is completely disrupted for the forseeable future.
the SouthEast Asian and Korean governments and institutions are taking their growth forecasts down. Upstream factories in other countries are idling.
All of this will have an economic impact. So, why does the market keep rocketing up every day? What am I missing?