No turnaround Tuesday

More Announcements of new cases in Spain,Italy,Iran and Switzerland. bank of France Chief suggest bank likely to revise lower 2020 GDP forecast.WHO representative said ” Virus is a rapidly spreading Epidemic” not using pandemic yet.President trump Announced $2.5B to fight Virus,Most believe this number is too low. A central theme running through twiiter today is that Central bank rate cuts dont create a vaccine or get people to travel to infected areas.

U.S. 10 year yield 1 bps away from all time lows,Dow -250,Spoos -30 handles the negative headlines do not stop as Goldman Sachs and Deutsche bank restricting travel of Employees to Italy , South Korea and parts of Asia and Australia

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