Coronavirus Cases Surge, Stock Markets Sink: When the Blessed Mother warned of an economic collapse: “Everything around you is passing and everything is falling apart…Our Lady gave the theological vision of the current historical moment since the first months of the apparition when she said that a battle is taking place between her Son and Satan.” – Vicka
“Therefore, my children, do not wander, do not close your heart before that truth, hope and love. Everything around you is passing and everything is falling apart, only the glory of God remains. Therefore, renounce everything that distances you from the Lord. The Queen of Peace.
“Is this danger of self-destruction a real possibility?
Vicka: “Our Lady said she came to awaken faith in a new world that is without God. Our Lady sees that we are building a world without God: for this she is unhappy and for this reason for many there is neither future nor eternal life. Self-destruction is a concrete possibility: man can destroy the planet on which he lives and Our Lady has come as Queen of Peace to preserve us Our Lady gave the theological vision of the current historical moment since the first months of the apparition when she said that a battle is taking place between her Son and Satan.That his Son would have won, but that Satan would also have his share “.
Dear children! I am thanking God for each of you. In a special way, little children, thank you for having responded to my call. I am preparing you for the new times that you may be firm in faith and persevering in prayer, so that the Holy Spirit may work through you and renew the face of the earth. I am praying with you for peace which is the most precious gift, even though Satan wants war and hatred. You, little children, be my extended hands and proudly go with God. Thank you for having responded to my call.”
U.S. stock futures pointed to sharp declines on Wall Street at the open on Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading.
(Bloomberg) — Waves of selling in U.S. stock index futures triggered Chicago Mercantile Exchange limits that prevent declines from surpassing 5% from a closing reference price, as the spreading coronavirus rattled investors and crude oil plunged.
E-mini futures on the S&P 500 Index sank 5% to 2,819 as of 8:05 p.m. in New York, hitting a limit triggered when the measure falls 5% from the price calculated in the last 30 seconds of trading Friday. The curb means the contract can’t trade at a lower price for the remainder of the overnight session, although transactions at or above the threshold are allowed.
“It allows cooler heads to prevail,” JJ Kinahan, chief market strategist at TD Ameritrade, said by phone. “Particularly in the overnight sessions it’s a good thing to have because you just don’t have as many products at work. This is one rule that it’s been so long since we have seen it, but it’s proved effective over time.”
Equities have whipsawed all week in trading as volatile as any time on record as investors assess the threat to the global economy from the spreading coronavirus. Concerted efforts from central banks and governments to soften the blow spurred gains earlier in the week, but the accelerating rise of reported cases raised the specter of a global recession and led to a powerful rally in Treasuries that sent yields to record lows.
The global stock market selloff on the widening outbreak of coronavirus beyond China indicates further negative effects on U.S. multinational companies’ earnings, CNBC’s Jim Cramer said Monday.
Cramer tweeted just before 5 a.m. ET that he wanted to “deal with the facts”and not engage in speculation.
“If you call it an overreaction and it gets worse, you are a fool, if you say it’s only going to get worse then you are a fear-monger,” he said on Twitter. “We have lost containment. Now we need to slow it.”
Hong Kong (CNN)Chinese President Xi Jinping has warned the novel coronavirus is the worst public health crisis facing the country since its founding, as new outbreaks continued to expand in South Korea and Italy, raising fears of a global pandemic.