Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

Futures trading hinting that its going to be little help.  We may be in for a very bad week.

>hinting

Futures hit limit down almost immediately Sunday evening. -4.5% AFTER the Fed action.

Added: Lots of chatter about banning shorts or closing the markets possible.

Coronavirus: China's economy suffers dramatic collapse in January, February in warning to rest of world | South China Morning Post
https://www.scmp.com/economy/china-economy/article/3075314/coronavirus-caused-dramatic-collapse-chinas-economy-warning

Isn't it about to bounce back and re hit China.... again and again and again?

If it is possible to stop it in its tracks, and never let it in again then fine.  But that means reduced trade with TROTW doesn't it?

>Isn't it about to bounce back and re hit China....

If it follows the Spanish Flu pattern, yes.  Next Fall will be worse.

Aviation group: Coronavirus could bankrupt most airlines worldwide by May
https://thehill.com/policy/transportation/487752-aviation-group-coronavirus-could-bankrupt-most-airlines-worldwide-by/

Pubs and restaurants 'could go bust within weeks' - BBC News
https://www.bbc.com/news/uk-scotland-51925295

18% of U.S. workers have lost jobs or hours since coronavirus hit

Lots of chatter about Boeing etc. spent all their cash on share buybacks and are now expecting a MASSIVE taxpayer-funded bailout. Privatize the gains, nationalize the risk. Repeat.

>spent all their cash on share buybacks

Saw the same about airlines, but only read headlines.

U.S. hotel, travel industry ask for bailout as job cuts begin - Reuters
https://www.reuters.com/article/us-health-coronavirus-usa-hotels/u-s-hotel-travel-industry-ask-for-bailout-as-job-cuts-begin-idUSKBN2142Y0

>bailouts

In due time.  I'd like to see some action on the immediate medical crisis first.  Bailouts later.

https://www.standard.co.uk/business/laura-ashley-files-administration-coronavirus-a4389316.html

https://www.standard.co.uk/news/uk/carphone-warehouse-stores-close-2900-jobs-axed-a4389051.html

"In short: bail out everyone... everywhere. The alternative is 107 years of fake price discovery and Fed market manipulation crashing upon themselves, ending the fiat system as we know it, and leading to the biggest social, economic and financial catastrophe of all time."

https://www.zerohedge.com/markets/zoltan-stares-abyss-fed-has-failed-here-what-powell-must-do-right-now-avoid-catastrophe

A bit of personal QE would help right now.