Pandemic Pandemonium

(1) Fear continues to spread faster than reported virus cases. (2) Balance of good vs bad news on virus tips toward the former. (3) Virus stats in China and South Korea improve as those in Italy and France worsen. (4) Panic Attack #66 is the most fearful of them all. (5) It all depends on whether the virus goes away or stays. (6) Was that a capitulation bottom yesterday? Maybe not. (7) Putin and MBS playing chicken in the oil patch, with both hoping to hurt each other along with US frackers. (8) Flight to quality has turned into a panic in Treasury market. (9) Reaching for safety instead of yield. (10) Credit quality spreads widening. Signs of a credit crunch? (11) Déjà vu: Energy-related junk bonds in distress, as in 2015.