It's a song used in Trading Places, and a million other scenes. I cannot take that song seriously, and cannot imagine it in an opera.
Lock down is working without that be in the millions already,14day after lock down could be a spike, have but don't realise. How long can 58 milion people stay on lockdown?
The script has been in place for a decade. Anything that threatens the status quo is met with ever more liquidity. Now that this virus is going to hurt the numbers going forward, it implies even more dovish-ness. Let's face it, two weeks ago, fundamentals weren't really a focus, it was merely the repo numbers released every morning and the perpetual gap ups, ramp and camps, etc.
Why should a minor virus be relevant to anything? It's a blip, nothing more. The market understand this.
Currently blip but potential to shut the world down like in China, stop all transport and businesses and explode health care systems and kill 1 BILLION people. The basis not wild yet, maybe not as easy to spread as feared, mild glimmer of hope.