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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Chartgod who wrote (56778)3/9/2020 9:40:21 PM
From: Doug R  Respond to of 79182
 
3189

San Francisco:



New York:



Takeaway: all 3 US cities affected by COVID-19 show markedly lower weekend traffic than average, and the generally subpar congestion during the middle/later part of the workweek tells us this is not due to the sorts of seasonal patterns we mentioned in our “Markets” section.

The upshot from all this: as capital markets have already started to discount, the global consumer is quickly retrenching, led by individuals who live in a city where COVID-19 has taken hold.

zerohedge.com