/biz/ - Business & Finance

It’s what coronavirus caused is the problem. Do you realize how many billions of dollars is being lost out our companies because of factories being shut down in China? How can one say there is no bearish indicator out there because of this? There’s no way our companies with shut down factories can possibly make the earnings they have been, make as much revenues and meet guidance without their factories. This could of been just the flu but companies didn’t switch production back to USA and build new factories in America. They had all the incentives and tax breaks possible to do so but no, there’s more markup using a luke warm bat eating country because they have sweatshops with super cheap labor. It’s not a surprise this is happening.