Replies to post #185066 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

That is not true! I am reading about how China has turned the corner. Plants are opening, and their economy is beginning to stabilize again. This virus will have NO effect on KBLB's business.

We have about four weeks before our Economy and the markets begin to stabilize. So, expect extreme stock market volatility over the next four to six weeks give or take. KBLB's business model will not be affected by any of this. GO KBLB! JMHO

Here is an excerpt from an article written by Neil George, a financial advisor who has connections all over the world and especially in China:

In terms of the COVID-19 troubles, lets turn to the Chinese economy and its primary stock index, the CSI 300 Index. This index tracks the 300 larger company stocks traded on the Shanghai or Shenzhen Stock Exchanges. The Chinese economy was slowing before the COVID-19 infections, and the impact of the virus only made things worse.

China is now post-peak in the COVID-19 outbreak and is rapidly returning to economic normalcy. But it’s still susceptible to drops in product demand from Europe, the US and beyond, and it’s also still impacted by volatilities in the US stock and bond markets.