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NFT: Corona virus on the rise...

bw in dc : 2/22/2020 4:13 pm
Unfortunately, the virus is slowly gaining traction outside of China; and trying to trace it's origins and spread are becoming more and more difficult.

Cases are spreading in South Korea, Iran, Italy, Lebanon, Singapore. And you have to imagine the resources needed in many of those countries aren't great.

In a new article on Washington Post today, this is a pretty ominous point by a Hopkins health scholar:

Quote:

“I think we should assume that this virus is very soon going to be spreading in communities here, if it isn’t already, and despite aggressive actions, we should be putting more efforts to mitigate impacts,” said Jennifer Nuzzo, an epidemiologist and senior scholar the Johns Hopkins Center for Health Security. “That means protecting people who are most likely to develop severe illness and die.”


I think we are about to have a lot of our infrastructure and systems tested. Healthcare, transportation, employment, food, banking, etc.

Hopefully, we are up for it...


Corona - ( New Window )
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The markets are getting  
Mr. Bungle : 2/24/2020 11:36 am : link
annihilated.

NASDAQ down 3.5%.
Yeah....  
bw in dc : 2/24/2020 11:59 am : link
if you can get to a good cash base, that will set you up pretty well to buy back in when this thing finally clears...
But somebody  
Producer : 2/24/2020 12:17 pm : link
Said it's going to burn out in April...

Who was that again? I forget. Was that opinion based in science? I think whoever said that was a person of some influence. They couldn't possibly be wrong.
RE: But somebody  
MM_in_NYC : 2/24/2020 1:05 pm : link
In comment 14817443 Producer said:
Quote:
Said it's going to burn out in April...

Who was that again? I forget. Was that opinion based in science? I think whoever said that was a person of some influence. They couldn't possibly be wrong.


it wasn't burn out in april, it was peak in april
and  
MM_in_NYC : 2/24/2020 1:07 pm : link
that was only for in china. not the world
I'm pretty sure Bill L  
widmerseyebrow : 2/24/2020 2:49 pm : link
is the corona virus.
RE: I'm pretty sure Bill L  
Bill L : 2/24/2020 2:55 pm : link
In comment 14817688 widmerseyebrow said:
Quote:
is the corona virus.

Potentially. I am almost Chinese, you know.

On a related note, did anyone see the story about the off-campus UAlbany Corona Virus party? Barrels of Corona, served by guys in surgical masks, saying that they’re not afraid of Corona Virus. A college thing and I would have thought harmless. But the Asian American Alliance at the school went ballistic.
Saw this over at Yahoo News  
bw in dc : 2/24/2020 2:57 pm : link
Quote:
The World Health Organization on Monday said the new coronavirus epidemic had "peaked" in China but warned that a surge in cases elsewhere was "deeply concerning" and all countries should prepare for a "potential pandemic".


They are really comfortable saying the virus has peaked in China? Is that accurate?

sounds somewhat like  
Bill2 : 2/24/2020 3:11 pm : link
the assurances of "peaked" came from an "official" source or they mean "reported cases" have leveled off in China?

I don't believe a thing official China says about their economy or what they consider "flaws" that might reflect on the Party.

RE: Saw this over at Yahoo News  
Bill L : 2/24/2020 3:29 pm : link
In comment 14817708 bw in dc said:
Quote:


Quote:


The World Health Organization on Monday said the new coronavirus epidemic had "peaked" in China but warned that a surge in cases elsewhere was "deeply concerning" and all countries should prepare for a "potential pandemic".



They are really comfortable saying the virus has peaked in China? Is that accurate?
Id be skeptical about what China says too. They’ve already readjusted their numbers at least twice because they change how to define a case.
Ah, The Delight Of Not Knowing!  
Percy : 2/24/2020 5:37 pm : link
Unusual these days, but only because we forgot how to not know. How to begin by having no idea.
.  
Bill2 : 2/24/2020 6:05 pm : link
But only China. Its the only exception.

I think we can all continue to fully believe everything every other government and "expert" says on just about every subject.

RE: .  
Bill L : 2/24/2020 7:04 pm : link
In comment 14817955 Bill2 said:
Quote:
But only China. Its the only exception.

I think we can all continue to fully believe everything every other government and "expert" says on just about every subject.


I’m not so sure about Iran.

On a different note, keep on eye on Africa as a potential powder keg. Apparently, there’s tons of interactions with China, lots of people moving in and out of Africa from China, and in many of those places there’s terrible medical infrastructure.
Bill, are you still traveling as much as usual?  
yatqb : 2/24/2020 7:33 pm : link
Any concerns about that?

We’re thinking of a European vacation this spring but are a bit leery given that you never know who’s going to be on the plane with you.
BillL  
Bill2 : 2/24/2020 8:19 pm : link
My friend, I was being sarcastic about nations and truth

And Iran is easy to understand. Its oil fields are very populated by Chinese workers and just about its only trading partners are NK and China. Its engineering projects are contracted out to Chinese firms as well. Wuhan hub makes many of the commodities found in oil fields and pipelines so that's an easy connection to understand

Lebanon is easy to understand...it swaps Shia militants with Iran and many of its people are in merchant shipping all over the world.

Italy's manufacturing hub (where the virus is in the Genoa/Milan/Turin area) prefers Chinese goods and ships to China because it makes the same things as Germany so Europe is not a logical trading partner.

Singapore has a predominately Chinese population. It is where Western Engineering/technology firms and many banking firms come in contact with China. I would expect it to be a large transfer node with the rest of the globe.
After this virus passes,  
bw in dc : 2/24/2020 8:21 pm : link
and hopefully soon with fewer deaths, let's hope this is a wake-up call for the US and US businesses to seriously reconsider being so dependent on China for labor, supplies, manufacturing.
yatqb  
Bill2 : 2/24/2020 8:32 pm : link
I have had 3 significant bouts with the flu since December 20th. All after flights. Each time I assumed I was done and resumed normal workloads.

Each flu was different.

Currently, I have not flown for about a month...a long stretch for me.

I don't know what to say about going to Europe. You guys are healthy so there is that. Europe is cool. But flying is essentially being in a silver cigar with recycled air blowing at you for hours.

We think planes are clean. They are not. Each nozzle of air provides recycling containing contributions from the sickest person on the plane.

If you go, stay away from the British Isles and the North Sea Countries. International Energy Worker centric. Stay away from Hungary, Poland, Rumania, Bulgaria for Lebanon is Syria and Syria is refugee camps in those four places.

Northern Spain? Portugal? Iceland? Faroe Islands? Northern France? ( stay away from Southern France ( Marseilles is a major shipping port as is Hamburg and Rotterdam and Amsterdam and Stockholm))

Of course there is Ireland. The people there are impervious. Guinness kills.

Talk them into going to Yankee games?
bw  
Bill2 : 2/24/2020 8:36 pm : link
I think that is happening at a rapid pace.

And it needs to. The supply chains are vulnerable to sudden and inexplicable shifts in taxation, laws, government inspections and endless reverse engineering. It has been a hostile place for American business long before this.
'
As the transport and insurance costs go up, as risk of sudden supply changes increase, the value of the labor arbitrage shrinks.
RE: The markets are getting  
Mr. Bungle : 2/25/2020 2:41 pm : link
In comment 14817351 Mr. Bungle said:
Quote:
annihilated.

NASDAQ down 3.5%.

The markets are getting annihilated. Again.

Dow down 3.3%.

Wiping out 3 and a half months of gains in two days.
Seems like the cat is out of the bag  
bubba0825 : 2/25/2020 2:57 pm : link
And it’s only a matter of time now
Link - ( New Window )
So I am boarding a plane in Manchester, NH  
Darth Paul : 2/26/2020 2:28 pm : link
There are about 20 Asians on the flight, should I be worried?
RE: So I am boarding a plane in Manchester, NH  
Chris in Philly : 2/26/2020 2:37 pm : link
In comment 14819958 Darth Paul said:
Quote:
There are about 20 Asians on the flight, should I be worried?


No.
RE: So I am boarding a plane in Manchester, NH  
jcn56 : 2/26/2020 2:40 pm : link
In comment 14819958 Darth Paul said:
Quote:
There are about 20 Asians on the flight, should I be worried?


Depends - do they know karate?
RE: So I am boarding a plane in Manchester, NH  
Mr. Bungle : 2/26/2020 2:44 pm : link
In comment 14819958 Darth Paul said:
Quote:
There are about 20 Asians on the flight, should I be worried?

You should be far more worried about your ignorance.
For people following this  
schabadoo : 2/26/2020 2:53 pm : link
At least anecdotally, does it seem too late to pick up N95+ masks? HD, Amazon not looking good. Was wondering if specialty stores might have some, like a lumber store or arts and crafts.

Thanks.
RE: For people following this  
jcn56 : 2/26/2020 3:00 pm : link
In comment 14820000 schabadoo said:
Quote:
At least anecdotally, does it seem too late to pick up N95+ masks? HD, Amazon not looking good. Was wondering if specialty stores might have some, like a lumber store or arts and crafts.

Thanks.


You're going to pay a hefty premium. I have some because I do hobby work with fiberglass and cement. I thought of buying a few more, and the stocks in all the usual places were depleted and Amazon's prices were through the roof.
RE: For people following this  
mitch300 : 2/26/2020 5:42 pm : link
In comment 14820000 schabadoo said:
Quote:
At least anecdotally, does it seem too late to pick up N95+ masks? HD, Amazon not looking good. Was wondering if specialty stores might have some, like a lumber store or arts and crafts.

Thanks.

Do you have any facial hair? I see guys with beards wearing A mask.For a n95 to be effective you need to be fit tested. If you do not have a complete seal, it is not doing what it is intended for.
RE: RE: So I am boarding a plane in Manchester, NH  
Darth Paul : 2/26/2020 7:30 pm : link
In comment 14819987 Mr. Bungle said:
Quote:
In comment 14819958 Darth Paul said:


Quote:


There are about 20 Asians on the flight, should I be worried?


You should be far more worried about your ignorance.


Ignorance? The virus is uncontrolled in China. I was on a small plane with 18 Chinese people, I confirmed, and I cannot wonder where they came from or if there is a chance one had the virus?
I know this is no laughing matter for sure  
Milton : 2/26/2020 8:46 pm : link
But I'm reminded of this comedy routine by Kirk Fox...
Bird Flu - ( New Window )
RE: RE: For people following this  
schabadoo : 2/26/2020 11:32 pm : link
In comment 14820007 jcn56 said:
Quote:
In comment 14820000 schabadoo said:


Quote:


At least anecdotally, does it seem too late to pick up N95+ masks? HD, Amazon not looking good. Was wondering if specialty stores might have some, like a lumber store or arts and crafts.

Thanks.



You're going to pay a hefty premium. I have some because I do hobby work with fiberglass and cement. I thought of buying a few more, and the stocks in all the usual places were depleted and Amazon's prices were through the roof.


Thanks for the response. The local lumberyard had some R95s, figured I could use them anyway at some point in the future.
Here is a CDC link...  
BamaBlue : 2/27/2020 8:24 am : link
It updates status every afternoon. There are a lot of unreliable sources of information that lead to confusion and a false sense of comfort or doom (pick your poison). Facts help you to decide when it's time to panic...

At this time, there are 14 cases reported in the US. 12 of the cases are travel related and 2 cases are human-to-human transfer. this total excludes those people that were on the Japanese cruise ship...
CDC Link for COVID19 - ( New Window )
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