KEY POINTS
- “The bad news is that the worst has yet to come, as the number of new infections is still on the rise,” warned Larry Hu, economist at Macquarie Capital.
- The festive Lunar New Year holiday is set to kick off this Saturday. Hundreds of millions of Chinese will travel domestically and overseas — heightening the risk of more transmissions.
- “The answer is wait till after Chinese New Year … we will know the degree, the speed and the breadth of infections by this virus, and get a much clearer idea on mortality,” said another analyst, David Roche of Independent Strategy.
The severity of the rapidly spreading coronavirus outbreak in China that’s claimed more than a dozen lives is still unknown, and the extent of its spread will only be clearer after the Lunar New Year…
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Exposing the Big Game 