This is another brief note on the coronavirus outbreak.
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‌In China, the authorities have responded more aggressively to the coronavirus outbreak than during the Sars outbreak in 2003. [Read also the Insightview article, A short note on the risk of a pandemic caused by a new strain of coronavirus in China - The difference from the Sars-outbreak in 2003.] Also, this time, Chinese households are better informed about the situation from news abroad and Chinese officials. Furthermore, they are better informed about what to do and not to do when it comes to protecting themselves.    
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‌In a financial market perspective, the problem is that China is probably doing the right thing "too efficiently". Today, many of this website's sources on the Chinese mainland have simply decided (or forced) to stay home until it becomes clear "what this is all about". In China, restaurants and shopping malls are empty in many cities. The same applies to passenger jets, according to this website's sources on the mainland. 
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The risk is that excessive precaution could have a larger-than-expected impact on the economy. This will have significant consequences for the Chinese economy in the very short run. The same applies to the global economy, as China remains the "world's factory". The global supply chain could be hit hard in the short run. Yesterday, Suzhou extended the Lunar holiday to February 8. [Read the Reuters article, China's Suzhou to extend new year holiday on virus fears.]
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‌One should also not ignore the fact that the virus could prove to have spread more aggressively outside China, as millions of Chinese tourists are, in contrast to 2003, already abroad to celebrate Lunar New Year. [Read the SCMP article, China coronavirus: thousands left Wuhan for Hong Kong, Bangkok, Singapore or Tokyo before lockdown.] This might not be visible until early February, as the incubation period appears to be ten days. [Read the BBC article, China coronavirus 'spreads before symptoms show'.] 
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‌That said, Insightview has not made any trade recommendations based on the coronavirus outbreak, although this will, admittedly, create short-term headwinds to the global stock market. [Read the Insightview article, A short note on the risk of a pandemic caused by a new strain of coronavirus in China - The difference from the Sars-outbreak in 2003, January 23.]

‌27. January 2020 - Germany: IFO survey disappoints as service sentiment declines. Trade rhetoric from the White House warns about retaliation if carbon import tax is imposed on foreign products
‌23. January 2020 - A short note on the risk of a pandemic caused by a new strain of coronavirus in China - The difference from the Sars-outbreak in 2003
‌21. January 2020 - A short note on the new strain of coronavirus in China‌
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