Macro Morning

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By Chris Becker 

As the TrumpVirus becomes exponential, stocks were again the hardest hit overnight as risk shifted away from commodity currencies as well, with already record low bond yields dropped further in the wake of the crisis. European leaders have pushed out the lockdown periods, with China also announcing new regional lockdowns.

But its really all about the catastrophe unfolding in the home of the brave – one of the saddest charts in the world as Americans prepare for a 9/11 magnitude death toll each day for the foreseeable future, crushing the economy in its wake:

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