As the Chinese workforce gets back to work, it’s revealed that oil demand is down 20%, the coronavirus’ effect is everywhere. The People’s Bank of China has pumped 1.7 trillion Yuan into the economy. The Mining Indaba was not the extravaganza of years gone by. The purchasing managers’ index is at 45.2% – what does this mean for the economy? The US has added 200,000 jobs according to the latest reports. US and European economies are booming! Amazon hits the trillion dollar market cap… welcome to the club Jeff.
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