5/7/2020 – 0800
There are significant indicators that show we could see a rapid decline in the economy, potential supply chain interruptions, and panic buying of certain retail items. Significant to the point that the one or medical/health related items may become unavailable.
With the recent economic developments, recent buying activity indicators, and supply chain disruptions, I am issuing an Immediate Action Warning – Medical.
I believe that the probability exists that as early as late summer or early fall we could see shortages of medical and health related retail items as well as some medications. The recent panic buying has clearly shown that the general public can easily fall prey to mass quantity buying of retail items more out of fear than out of need. Also, China provides 70 – 95% of many common over-the-counter (OTC) medications and 50% +/- of antibiotics… 80 percent of active pharmaceutical…
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