Environment

Thanks to BoJ's global "float all boats" NIRP-tard-ness, Chinese stocks avoided the headline of "worst month in 21 years" by rallying above the crucial 2,667 level (for SHCOMP). However, January's 23% pluinge is the worst month since October 2008 and is officially the worst start to a year in the history of Chinese stocks.

While Shanghia Composite was ugly, the higher beta Shenzhen and ChiNext indices were a disaster...

Making it the worst January ever...

So February is a buying opportunity?

The National Institutes of Health has officially declared that the Zika virus outbreak is at pandemic levels, as the World Health Organization (WHO) have warned that the virus could infect four million people in the months ahead.  The virus has spread to at least 23 countries so far, including the U.S., with 31 cases in eleven states over the last few months. Cbsnews.com reports: The virus, first discovered in the Zika Forest in Uganda in the 1940s, is linked to serious birth defects. “Questions abound,” WHO director Margaret Chan said.

The Virginia Health Department have confirmed the first Zika virus infection in an adult, sparking concern that the rapidly spreading mosquito-bourne infection may soon spread across the entire United States.  The Zika virus has been linked to microcephaly, a dangerous birth defect causing babies to be born with small heads.

The Zika virus has been known to infect people in Africa, South and Central America and Asia for more than 70 years without causing any birth defects. The Brazilian government recently declared an emergency after 2,400 babies were found to be born with shrunken heads and brain defects believed to be linked to mosquitoes carrying the Zika Virus….

The Zika virus is “is now spreading explosively” the head of the World Health Organization said on Thursday, announcing that WHO has called an emergency committee meeting on Monday to to decide if the outbreak should be declared an international health emergency. At a special briefing in Geneva,the WHO director general Margaret Chan, said It was “deeply concerning” that the virus had now been detected in 23 countries in the Americas. US officials said the country had two potential candidates for a vaccine, and might begin clinical trials in people by the end of this year.