You're not wrong, but considering other indicators, yield curve in particular, this could be a viable trigger. Depending on how this virus plays out, the only q

You're not wrong, but considering other indicators, yield curve in particular, this could be a viable trigger. Depending on how this virus plays out, the only question is not if or when but how long the Chinese industrial complex will be suppressed. Those are the raw and finished manufacturing goods that power a substantial proportion of the world economy, and there will be cascading effects.