Heard on the Street: Some creative ideas for gauging extent of the damage are more useful than others
Gauging the state of China’s economy is tricky at the best of times. Now, the task is even more difficult—and critical—than usual due to the coronavirus outbreak.
With most official data for January and February still several weeks away, investors are poring over everything from nitrogen-dioxide emissions to movie-ticket sales and traffic congestion. Most of these alternative metrics tell a similar story: Things are still very bad.
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