In Italy, one of Europe’s largest economies, officials are struggling to prevent the epidemic from paralyzing the commercial center of Milan. And in New York, London and Tokyo, financial markets plummeted Monday and Tuesday on fears that the virus will cripple the global economy.
Dr. Messonnier said that she had sat down with her children and told them, “we as a family need to preparing for significant disruption of our lives.” Lonk - ( New Window )
People were just waiting for a reason to correct, and here it is
One could have argued that the markets were overdue for a correction before the world's largest manufacturer decided to close up shop for a quarter.
I agree to an extent and that many are looking at this as an opportunity to take profits.....but it's been borderline panic selling today, which simply isn't warranted when you look at the big picture and our experience with SARS and other similar (or even deadlier) outbreaks.
historically speaking. Wouldn't count on the bottom just yet. There's gonna be supply chain uncertainty for a while and then folks may decide to start to price in some Brexit uncertainty too.
Lastly, there's a long run of expansion super heated by some deficit spending. I'm still kinda bearish.
Not to get into politics, but I think that is overblown because polls are not indicating that he is capable of winning in November and the Senate is unlikely to flip which means any policy ideas are DOA. I am already discussing with my investment guy what to do as of my assets he is holding about 30% is not invested in anything because I contemplate too much.
Id be more careful about the length and depth of a correction.
Several years of zero interest rate is a lot of global mal investment and stock buy backs on top of rotting fundamentals that cant really be out run forever.
Yes its an excuse to cash out gains. Its also true that there is a lot of rot in this latest asset bubble blown for the benefit of elites
Id be more careful about the length and depth of a correction.
Several years of zero interest rate is a lot of global mal investment and stock buy backs on top of rotting fundamentals that cant really be out run forever.
Yes its an excuse to cash out gains. Its also true that there is a lot of rot in this latest asset bubble blown for the benefit of elites
I hear you, but rates aren't going up anytime soon based on what the Fed has said. In fact, if anything, if coronavirus causes an economic slowdown they may go lower still.
is the biggest event of our lifetimes. There will be the world before the virus, and the world after.
The virus is out spreading throughout the world. It has proven to be highly contagious. Humans are a virgin population for it. It causes at least 10 percent to need medical intervention. Let that number sink in. The US healthcare system, which has been bolstered in no way over the past few weeks, will collapse in two weeks when inundated with thousands of people suffering from pneumonia. Then, after that the health care workers will get sick themselves. It will collapse in cities with frightening speed. There will be triage of those dying. Who gets the care?
China, shut down their country to try and stop it. The stock markets is down because the second largest economy in the world has shut down. The Chinese took draconian measures to quarantine. They did not do this and risk their economy for the flu. They did it because it is ravaging their people and spreading. No one knows the truth of what is happening in Wuhan and China due to their modern day Internet Berlin Wall. Any numbers from China regarding this virus should be multipled. The CCP did admit they made errors to their people. This fact actually scares me more than anything else, for them to admit fault means they are scared shitless.
The virus is now in South Korea one thousand cases strong. It is in Italy and spreading throughout Europe. It is all over Iran, and no one even knew. Their own health minister has it, an MP from the capital has it, the religious sites in Qom and other pilgramige areas are still open. It is in Iraq, it is in Afghanistan.
It is a fucking pandemic.
Then there is our country, the USA,what a fucking joke. We can't even test for the virus on a mass scale here. The CDC tests were fucking faulty. There is a near certain chance the virus is already spreading locally and we dont even know why because the CDC is apparently incompetent. This is a big fucking problem that has been obvious for days and today there is a Washington Post article. Very soon this virus will start popping up all over the country.
The virus is in control now. Hopefully everyone is still talking Giants football in a few months, but I think this is the big one. DOW down 2000 two days? Hopefully that will be our biggest problem.
sure in can go down another 10-20% but the demand will just be delayed
5G coming up, services doing real well, watch and air pods killing it
If it goes to 260-270, you just buy it and hold its p/e isnt really that high at all compared to others
is the biggest event of our lifetimes. There will be the world before the virus, and the world after.
The virus is out spreading throughout the world. It has proven to be highly contagious. Humans are a virgin population for it. It causes at least 10 percent to need medical intervention. Let that number sink in. The US healthcare system, which has been bolstered in no way over the past few weeks, will collapse in two weeks when inundated with thousands of people suffering from pneumonia. Then, after that the health care workers will get sick themselves. It will collapse in cities with frightening speed. There will be triage of those dying. Who gets the care?
China, shut down their country to try and stop it. The stock markets is down because the second largest economy in the world has shut down. The Chinese took draconian measures to quarantine. They did not do this and risk their economy for the flu. They did it because it is ravaging their people and spreading. No one knows the truth of what is happening in Wuhan and China due to their modern day Internet Berlin Wall. Any numbers from China regarding this virus should be multipled. The CCP did admit they made errors to their people. This fact actually scares me more than anything else, for them to admit fault means they are scared shitless.
The virus is now in South Korea one thousand cases strong. It is in Italy and spreading throughout Europe. It is all over Iran, and no one even knew. Their own health minister has it, an MP from the capital has it, the religious sites in Qom and other pilgramige areas are still open. It is in Iraq, it is in Afghanistan.
It is a fucking pandemic.
Then there is our country, the USA,what a fucking joke. We can't even test for the virus on a mass scale here. The CDC tests were fucking faulty. There is a near certain chance the virus is already spreading locally and we dont even know why because the CDC is apparently incompetent. This is a big fucking problem that has been obvious for days and today there is a Washington Post article. Very soon this virus will start popping up all over the country.
The virus is in control now. Hopefully everyone is still talking Giants football in a few months, but I think this is the big one. DOW down 2000 two days? Hopefully that will be our biggest problem.
There are 57 confirmed cases in the US so far. It is something to take seriously, but this is going a bit overboard. Remember the SARS panic? Y2K?
This is the most dominant virus of all time! Unlimited reach, impregnable defense, undetectable by any technology known to man. Undefeated, undisputed, greatest virus in the world!!
we have travel guard, thank god. will make a decision a couple weeks prior to see where it is at. Wife disappointed but not looking to waste 7k with half the country under lockdown etc
we have travel guard, thank god. will make a decision a couple weeks prior to see where it is at. Wife disappointed but not looking to waste 7k with half the country under lockdown etc
I have Amsterdam, Brussels, Paris and London in mid March...Need to stay out of the Louvre with all the Asians pushing their way past to get closer to the art...
This is the most dominant virus of all time! Unlimited reach, impregnable defense, undetectable by any technology known to man. Undefeated, undisputed, greatest virus in the world!!
Talk me out of it, please do, I know you have only my word to go on, but I am not a panic type of guy.
This shit though, I have to be honest I am worried I just am seeing a lot of unprecedented things happening around this virus.
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
'The virus is in control now. Hopefully everyone is still talking Giants football in a few months...'
If we listened to you, we might as well just jump in the coffin right now.
No, we have to adapt and survive, like in other trials of humanity throughout history. We have all been living high on the hog in this country in our life times. When was the last time you and all your neighbors were under quarantine?
It is going to be unprecedented in all our lives when NYC is on lockdown. I just think there are a lot of unknowns and a lot of ways this goes very side ways for society.
is how the current virus mutates. It's not ridiculous to be concerned, but at this point there is not a lot (other than normal flu precautions) that can be done.
The real horror is if this virus, or it's more lethal mutation gets into the indigent populations in cities like Los Angeles. It that happens, the mortality rate will be exponential and virus will be very difficult to contain.
This is the most dominant virus of all time! Unlimited reach, impregnable defense, undetectable by any technology known to man. Undefeated, undisputed, greatest virus in the world!!
haha
These events are deeply concerning to me. Maybe I am nuts. Hopefully the hype is unwarranted
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
You really think NYC is going to be on lockdown sometime soon because of this?
Can it wait until fishing season? I can self-quarantine myself for the entirety of striped bass season. You know, for the good of humanity and all that.
There are a few posters on this thread who may not have...
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Isn't flu .01%?
In the US, yes. Worldwide, it's higher. Trying to find the stats.
Not to make emotional decisions in the stock market. 2000 points isn't that big a percentage either. Market is due for a correction. If it goes down more than consider if it is an opportunity to buy.
is the biggest event of our lifetimes. There will be the world before the virus, and the world after.
The virus is out spreading throughout the world. It has proven to be highly contagious. Humans are a virgin population for it. It causes at least 10 percent to need medical intervention. Let that number sink in. The US healthcare system, which has been bolstered in no way over the past few weeks, will collapse in two weeks when inundated with thousands of people suffering from pneumonia. Then, after that the health care workers will get sick themselves. It will collapse in cities with frightening speed. There will be triage of those dying. Who gets the care?
China, shut down their country to try and stop it. The stock markets is down because the second largest economy in the world has shut down. The Chinese took draconian measures to quarantine. They did not do this and risk their economy for the flu. They did it because it is ravaging their people and spreading. No one knows the truth of what is happening in Wuhan and China due to their modern day Internet Berlin Wall. Any numbers from China regarding this virus should be multipled. The CCP did admit they made errors to their people. This fact actually scares me more than anything else, for them to admit fault means they are scared shitless.
The virus is now in South Korea one thousand cases strong. It is in Italy and spreading throughout Europe. It is all over Iran, and no one even knew. Their own health minister has it, an MP from the capital has it, the religious sites in Qom and other pilgramige areas are still open. It is in Iraq, it is in Afghanistan.
It is a fucking pandemic.
Then there is our country, the USA,what a fucking joke. We can't even test for the virus on a mass scale here. The CDC tests were fucking faulty. There is a near certain chance the virus is already spreading locally and we dont even know why because the CDC is apparently incompetent. This is a big fucking problem that has been obvious for days and today there is a Washington Post article. Very soon this virus will start popping up all over the country.
The virus is in control now. Hopefully everyone is still talking Giants football in a few months, but I think this is the big one. DOW down 2000 two days? Hopefully that will be our biggest problem.
This post reads like the opening monologue from "The Outer Limits". Please stand by...
RE: There are a few posters on this thread who may not have...
The CDC is warning that affected communities will experience severe disruption of their lives, in the USA.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known.
largest economy are quarantined. This shit *is* out of a bad horror movie.
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
Car parts, cell phones - so much of the world is dependent on China making crap and then the rest of the world reselling it. China hasn't been making anything - not replacement parts, not car parts, not computers, televisions, or anything else. If it goes on much longer - with all these economies so tightly wound - how does it not do serious damage to the world's economy and our stock market as a result?
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
It does not have a 2% chance of killing everyone that catches it. That 2% or 3% is total. Likely higher % in elderly or the very young. And extremely low in the 18 to 60 y/o range.
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Good post. Want to add in though What’s the mortality rate in China vs other places. Let’s not gloss over that daft. There have been about 80,000. cases world wide. It will go up but how dangerous this is I still a huge Unknown. We will learn. I work in this sector and sell equipment used on patients who get seriously ill and wind up in the ICU due to issues related to sepsis. Will be interesting as it’s already been a bad flu season.
The devil is in The details. Again w China I’d literally throw out every bit of data. There’s a reason they don’t want anyone going in and reviewing the situation. It like they care about their people.
But hey. Never let a crisis go to waste as they say. There’s money to be made in panicking people.
largest economy are quarantined. This shit *is* out of a bad horror movie.
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
Car parts, cell phones - so much of the world is dependent on China making crap and then the rest of the world reselling it. China hasn't been making anything - not replacement parts, not car parts, not computers, televisions, or anything else. If it goes on much longer - with all these economies so tightly wound - how does it not do serious damage to the world's economy and our stock market as a result?
I think I read where China is the biggest producer - for the US, at least - of penicillin.
RE: RE: Factories are shut down - workers in the world's 2nd
largest economy are quarantined. This shit *is* out of a bad horror movie.
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
Car parts, cell phones - so much of the world is dependent on China making crap and then the rest of the world reselling it. China hasn't been making anything - not replacement parts, not car parts, not computers, televisions, or anything else. If it goes on much longer - with all these economies so tightly wound - how does it not do serious damage to the world's economy and our stock market as a result?
I think I read where China is the biggest producer - for the US, at least - of penicillin.
Yep. Heard the US does not produce penicillin any longer. Not profitable..we don't produce medical morphine, either.
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Good post. Want to add in though What’s the mortality rate in China vs other places. Let’s not gloss over that daft. There have been about 80,000. cases world wide. It will go up but how dangerous this is I still a huge Unknown. We will learn. I work in this sector and sell equipment used on patients who get seriously ill and wind up in the ICU due to issues related to sepsis. Will be interesting as it’s already been a bad flu season.
The devil is in The details. Again w China I’d literally throw out every bit of data. There’s a reason they don’t want anyone going in and reviewing the situation. It like they care about their people.
But hey. Never let a crisis go to waste as they say. There’s money to be made in panicking people.
I don’t think the CDC is inciting panic or profiting from it, their warnings are measured and line up with the current uncertainties in the science. BTW, seasonal flu has a mortality of 0.1%, 20X less than current estimates for COVID-19.
It would be nice if we could lower that average in the US, but my fear it is going to cause real problems in countries with high population densities and weak health care practices.
To me it is in the sense that this uncharted waters biologically, economically, politically and everything else.
No one knows what is going to happen. Globalization itself, the world order, is sick from the virus just like many people are. China is producing nothing, this thread was started as an economic thread.
To me it is in the sense that this uncharted waters biologically, economically, politically and everything else.
No one knows what is going to happen. Globalization itself, the world order, is sick from the virus just like many people are. China is producing nothing, this thread was started as an economic thread.
This virus is controlling world events.
If it is not terrorism it has to be something else. Hey, WTF, plague is back in Cali!
That China may be underreporting it, especially in the beginning
CCP is almost certainly underreporting the number of cases and total fatalities. Not sure if the actual fatality rates are higher. They also appear to only count deaths in hospitals/quarantine centers. They aren’t welding apartment shut and locking down cities for 2,000 deaths. That number is far higher imo.
To be fair, it’s almost impossible for any country regardless of governance to gain an accurate case count. No country has an accurate test in place, nor the quantity nor the facilities to analyze the results. CDC/WHO should be assessing respiratory claims by countries. I have little confidence in the leadership of either institutions and those entities which control them, unfortunately.
We need to keep an eye on the freer societies for more accurate information particularly South Korea and Singapore over the next week.
we have travel guard, thank god. will make a decision a couple weeks prior to see where it is at. Wife disappointed but not looking to waste 7k with half the country under lockdown etc
I do not to mess up your evening, but read your policy exclusions. We are going to Italy at end of April. We have Allianz travel insurance, but my friend has Travelguard. Epidemics are excluded from coverage. Since we are taking a tour through AAA, they are now offering the March travel people to reschedule their trip without penalty. The only other recourse I see, if things are still bad in May, is to have some kind of personal or family illness
That China may be underreporting it, especially in the beginning
CCP is almost certainly underreporting the number of cases and total fatalities. Not sure if the actual fatality rates are higher. They also appear to only count deaths in hospitals/quarantine centers. They aren’t welding apartment shut and locking down cities for 2,000 deaths. That number is far higher imo.
To be fair, it’s almost impossible for any country regardless of governance to gain an accurate case count. No country has an accurate test in place, nor the quantity nor the facilities to analyze the results. CDC/WHO should be assessing respiratory claims by countries. I have little confidence in the leadership of either institutions and those entities which control them, unfortunately.
We need to keep an eye on the freer societies for more accurate information particularly South Korea and Singapore over the next week.
They were undervalued before and many are just ridiculous now. My favorite is ET. 10+% distribution with 1.9x coverage, DCF growing, major projects coming on line, huge presence in LNG which will power all the electric plants we will need for clean energy, ridiculously low price.
I have similar coverage. I am not sure it matters who cancels the trip as far as travel insurance. When you got the policy, there is a detailed description of what is covered and what is excludes. I suggest reviewing it, and then contact your travel agent to get clarification. I am only suggesting being prepared ahead of time so you know what is covered and what isn’t. Probably by May, it might not make a difference anyway.
we have travel guard, thank god. will make a decision a couple weeks prior to see where it is at. Wife disappointed but not looking to waste 7k with half the country under lockdown etc
Me too ...
of course we are hoping its contained enough in 8 weeks
The CDC is warning that affected communities will experience severe disruption of their lives, in the USA.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known. Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
"Potus Tweeted that the virus is fully contained" - Not sure why you included this.
We need adults weighing in on this, not the POTUS.
RE: RE: The CDC says the Coronavirus will spread within the US
The CDC is warning that affected communities will experience severe disruption of their lives, in the USA.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known. Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
"Potus Tweeted that the virus is fully contained" - Not sure why you included this.
We need adults weighing in on this, not the POTUS.
GUA, be careful with the political stuff. Mods don't want any of that stuff on here
The CDC is warning that affected communities will experience severe disruption of their lives, in the USA.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known. Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
"Potus Tweeted that the virus is fully contained" - Not sure why you included this.
We need adults weighing in on this, not the POTUS.
GUA, be careful with the political stuff. Mods don't want any of that stuff on here
this issue is about to get very political since the President is wanting to muzzle the CDC, so maybe they should just go ahead and delete the thread.
Or, stay away from now on regarding Political posts
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
RE: RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
RE: RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
To my knowledge, it has *not* yet been declared an official pandemic. That has to come from the WHO and, unless they dit today, has declined to do so thus far. Not saying it won’t be, just afaik it is not yet.
Also, even in China, while it’s over 2% in Hubei province, outside of Hubei the mortality rate is a fraction of a percent.
RE: RE: RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Sars wasn't a pandemic. A full pandemic of this virus will result in 4 million deaths worldwide, at a minimum. I don't believe you know how to read data. You remind me of the acting dhs head who said today that influenza and CoVid19 have identical morality rates.
RE: RE: RE: RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Sars wasn't a pandemic. A full pandemic of this virus will result in 4 million deaths worldwide, at a minimum. I don't believe you know how to read data. You remind me of the acting dhs head who said today that influenza and CoVid19 have identical morality rates.
A pandemic doesn’t have anything to do with mortality rates. It has to do with the extent and global distribution of locally transmitted disease.
And, fwiw, just declaring something a pandemic doesn’t mean it comes with a bonus of x million deaths.
And, reading the data would suggest you are misrepresenting the true mortality rate...
All at this point in time of course. Things are still dynamic.
all the fundamentals are solid.. not retiring in 2020... interest rates will go down slightly in 2020, Apple is definitely on my list to buy more at 260-270.
RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
Again, it's not the total # of deaths that matters when doing a compare.
It's the % of deaths in relation to the number of diagnosed illnesses. And right now the Coronavirus looks much more dangerous than seasonal flu.
Per others like Bill L, that could be environment, pre-existing conditions, etc. But without knowing those layers, we can say with a good amount of certainty that seasonal flu is less dangerous.
RE: RE: RE: RE: RE: The Flu killed between 10,000 and 30,000 in the US this season ...
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Sars wasn't a pandemic. A full pandemic of this virus will result in 4 million deaths worldwide, at a minimum. I don't believe you know how to read data. You remind me of the acting dhs head who said today that influenza and CoVid19 have identical morality rates.
A pandemic doesn’t have anything to do with mortality rates. It has to do with the extent and global distribution of locally transmitted disease.
And, fwiw, just declaring something a pandemic doesn’t mean it comes with a bonus of x million deaths.
And, reading the data would suggest you are misrepresenting the true mortality rate...
All at this point in time of course. Things are still dynamic.
I never said that pandemic was linked to morality rate but rather that a worldwide epidemic with this seeming morality rate would likely result in millions of deaths. I have read your posts and you seen to have a decent grasp of the underlying data and trends but I'm not too impressed with your reading comprehension. This is turning into a five alarm fire for the world economy and world health. We have never seen a lockdown on the scale enacted in China. 750 million people. It is unprecedented in history. And yet the virus is out. The unprecedented lockdown did not work. And the morality rate had remained consistent since day one. And at every step the spread of this virus has outpaced the cool rhetoric and best efforts of medical professionals and political leaders. I think your consistent pretension that this is nothing is getting old. I hope this "burns out" but i have to say that after the appalling performance from the acting head of dhs, i think we are unprepared.
Interesting, to put it kindly. A lot of real mixed messages. And sadly, more an emphasis on how this will impact an event this fall instead of, ya know, a potential health disaster/people dying.
I never said that pandemic was linked to morality rate but rather that a worldwide epidemic with this seeming morality rate would likely result in millions of deaths. ... The unprecedented lockdown did not work. And the morality rate had remained consistent since day one.
Just wanted to point out that "morality" and "mortality" are two different words with completely different meanings.
I never said that pandemic was linked to morality rate but rather that a worldwide epidemic with this seeming morality rate would likely result in millions of deaths. ... The unprecedented lockdown did not work. And the morality rate had remained consistent since day one.
Just wanted to point out that "morality" and "mortality" are two different words with completely different meanings.
That China may be underreporting it, especially in the beginning
CCP is almost certainly underreporting the number of cases and total fatalities. Not sure if the actual fatality rates are higher. They also appear to only count deaths in hospitals/quarantine centers. They aren’t welding apartment shut and locking down cities for 2,000 deaths. That number is far higher imo.
To be fair, it’s almost impossible for any country regardless of governance to gain an accurate case count. No country has an accurate test in place, nor the quantity nor the facilities to analyze the results. CDC/WHO should be assessing respiratory claims by countries. I have little confidence in the leadership of either institutions and those entities which control them, unfortunately.
We need to keep an eye on the freer societies for more accurate information particularly South Korea and Singapore over the next week.
Good post DCG.
It is. Question you mention as unanswered (however hard it proves to be to get one) is key: what are the real numbers? And what do they tell us about the true implications of the global spread, what they will be right here in River City as it were, as the dust settles? And I don't just mean economically.
big drop. I wonder if the President's speech tonight on the will have a positive impact tomorrow. Right now, it's safe to say that the herd has been spooked...
big drop. I wonder if the President's speech tonight on the will have a positive impact tomorrow. Right now, it's safe to say that the herd has been spooked...
Hell I just learned today that we have only 12 facilities in the country for testing for the Virus because the CDC sent out faulty equipment. Also that carriers of it may not show any signs of it for a long period of time. If you add that all up the 53 people we identified as having it is much higher. There are some predictions that anywhere from 40 to 70% of the world will catch it. That is going to scare people.
big drop. I wonder if the President's speech tonight on the will have a positive impact tomorrow. Right now, it's safe to say that the herd has been spooked...
Hell I just learned today that we have only 12 facilities in the country for testing for the Virus because the CDC sent out faulty equipment. Also that carriers of it may not show any signs of it for a long period of time. If you add that all up the 53 people we identified as having it is much higher. There are some predictions that anywhere from 40 to 70% of the world will catch it. That is going to scare people.
The fact that local testing can not be done Nationwide because the the CDC failed and sent out broken tests is sad and dangerous. Korea is testing tens of thousands. Italy is testing high numbers and the CDC said on a call yesterday that labs have to fucking mail tests to Atlanta, wait a day and then get results. What a total failure.
Germany and UK will now be doing random testing at medical locations all over their countries and will test anyone will flu symptoms who is negative for flu.
This should have been happening in the US already. This country can't even do mass local testing, they said won't be full capability until mid march.
There is a near 100 percent chance many people here in the US are walking around with the Virus as we speak. They cant do mass test screenings.
This may be good though, if more people have it and it is mild, perhaps the illness is less virulent overall.
But what an total epic failure by the CDC, these other developed nations did not have this testing problem.
It should be concerning to all. No one on the planet knows how this will play out.
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Good post. Want to add in though What’s the mortality rate in China vs other places. Let’s not gloss over that daft. There have been about 80,000. cases world wide. It will go up but how dangerous this is I still a huge Unknown. We will learn. I work in this sector and sell equipment used on patients who get seriously ill and wind up in the ICU due to issues related to sepsis. Will be interesting as it’s already been a bad flu season.
The devil is in The details. Again w China I’d literally throw out every bit of data. There’s a reason they don’t want anyone going in and reviewing the situation. It like they care about their people.
But hey. Never let a crisis go to waste as they say. There’s money to be made in panicking people.
I don’t think the CDC is inciting panic or profiting from it, their warnings are measured and line up with the current uncertainties in the science. BTW, seasonal flu has a mortality of 0.1%, 20X less than current estimates for COVID-19.
It would be nice if we could lower that average in the US, but my fear it is going to cause real problems in countries with high population densities and weak health care practices.
Hey he CDC is doing it’s job. Don’t want to wander off the path here but my statement stands. China literally caused this to be much worse. I don’t lost this next part to elicit sympathy but my dad and mom both died from sepsis brought on by pneumonia. I also sell equipment used specifically to treat patients who wind up w sepsis due to issues like severe viral infections which weaken patients who then die.
This virus is similar. If weakens at risk people who then get bad bacterial or other viral diseases. Due to China’s outright evil actions we don’t know how contagious or virulent this is. Until we get data from areas where they actually care about people and treat them we don’t know nearly enough
There is risk That w y older person who is severely compromised is at risk. My mom was a last cancer patient who was imuno-compromised. My dad older at 87 smoked for 66 years and destroyed his lungs and heart. Even s the shot he got pneumonia a second time and just decided to refuse treatment. The old and sick and going are at risk already from the flu. This seems to be similar but since China left people to die we can not use any statistical data due to their malfeasance
This may be more of mass deadly. We have i idea yet and that’s the real issue. China really showed the world how horrible they are
government reacted to this. Our government hasn't been a shining example of how to combat this either.
Just yesterday we had the director of the CDC saying an outbreak in the US is inevitable. Then Kudlow saying it was contained. Then a senator putting the acting DHS through the ringer about his lack of knowledge about the virus. And today we get Tweets about how certain networks are hyping this up to harm the market/him & that it's contained.
Are worrisome to me because of the large number of people tested there (over 9,000) who are showing as positive for the virus (4%) compared to other broadscale testing -- in the UK (7,000+ tested), for example (showing only .02% with the virus). France, too, gets a higher positivity score (2.2%) for a much lesser number of tested people (700+). What explains this?
So, my husband went to PA to meet with his team from Italy. Today, before his meeting, he gets notified that one of the Italian men had dinner in Italy with a group of people that all came down with the corona virus, The folks that guy had dinner with in Italy were obviously not diagnosed till after that dinner. My husband had no contact with the man, but others did. It will be interesting to see if they are quarantined and if this makes the news. The meeting is cancelled and there will be no further in person contact with the Italian team and no trips to Italy. There is obviously a lot more cases than we are being told. I’m not panicked, but I hate when this happens. Thought I’d share the story.
They were undervalued before and many are just ridiculous now. My favorite is ET. 10+% distribution with 1.9x coverage, DCF growing, major projects coming on line, huge presence in LNG which will power all the electric plants we will need for clean energy, ridiculously low price.
DOJ is building a criminal case around Energy Transfer’s Revolution pipeline explosion
government reacted to this. Our government hasn't been a shining example of how to combat this either.
Just yesterday we had the director of the CDC saying an outbreak in the US is inevitable. Then Kudlow saying it was contained. Then a senator putting the acting DHS through the ringer about his lack of knowledge about the virus. And today we get Tweets about how certain networks are hyping this up to harm the market/him & that it's contained.
Not exactly an inspiring 24 hours we got here.
I don’t think that’s exactly fair. The virus came into existence (in humans) just about 3 months ago. That’s not a lot of time to accumulate knowledge. China, for all its warts and flaws, was very forthcoming on publishing the genomic sequence quickly. That put us light years ahead of where we could have been, but, in the scheme of things, it’s an unknown just coming on now.
The CDC test had to be rushed. And, yeah, it’s wonky because a lot of things (controls) have to be present in the test before you can accept the results and one component failed, which invalidated the test. That check is to assure that no wrong results are reported, which is actually worse than reporting nothing at all. At any rate, they have corrected it and are issuing new tests to state public health plans. And, I don’t think that the testing CDC itself was doing is errant; just the tests they sent put for the states to use.
Think of airplane or fire or terrorist disasters. The first many reports are conflicting or wrong and are either to reassuring or too frightening. That’s the stage we are in with this virus.
As of now, it looks like it will spread. It has not spread into the US beyond the imported cases we know about. The mortality rate remains over exaggerated because it’s based on Wuhan/Hubei, which is clearly an anomaly. But the situation, and potentially the virus, is an evolving thing.
I’m sitting in a conference right now with public health scientists and administrators from every state and many from CDC itself. SARS-2 is on everyone’s mind and work plate. Still, Nobody is saying anything really different than what I have been saying here. People are watchful and concerned and feel like spreading here is inevitable And that resources will be taxed. But nobody is paranoid, given to hyperbole, or treating it like Thanos is snapping his fingers.
Theory I read is that the markets were spooked by the report that 83 people in Nassau County were being tested, as well as the reports that the virus had been reported in additional European countries.
The viruses can make people sick, usually with a mild to moderate upper respiratory tract illness, similar to a common cold. Coronavirus symptoms include a runny nose, cough, sore throat, possibly a headache and maybe a fever, which can last for a couple of days.
For those with a weakened immune system, the elderly and the very young, there's a chance the virus could cause a lower, and much more serious, respiratory tract illness such as pneumonia or bronchitis.
There are a handful of human coronaviruses that are known to be deadly.
There is no specific treatment, but research is underway. Most of the time, symptoms will go away on their own and experts advise seeking care early. People with symptoms that feel worse than a standard cold should see their doctor.
Concern, vigilance, preparation - absolutely. But again - if you cut through the hysteria and boil this all down to its essence, this does not sound like something that should be knocking $1 trillion-plus off the stock market. Link - ( New Window )
So, my husband went to PA to meet with his team from Italy. Today, before his meeting, he gets notified that one of the Italian men had dinner in Italy with a group of people that all came down with the corona virus, The folks that guy had dinner with in Italy were obviously not diagnosed till after that dinner. My husband had no contact with the man, but others did. It will be interesting to see if they are quarantined and if this makes the news. The meeting is cancelled and there will be no further in person contact with the Italian team and no trips to Italy. There is obviously a lot more cases than we are being told. I’m not panicked, but I hate when this happens. Thought I’d share the story.
My niece, her husband, and a 5 and a 3-year-old were on that Princess cruise line anchored just outside of Japan. As a matter of fact, she made Time Magazine because of a note she wrote thanking the crew that she posted on teir door and one of the crew members took a pic of it and sent it to Time.
Her husband is stationed in Japan for the Army and after they tested neg and was finally let off the ship they now have to do 14 days at home. They actually had a car in front and behind to make sure they did not stop anywhere when they drove home from the car park for the cruise lines. The Govt actually brings them their meals and puts them on the doorstep and they can't open the door until they are off the property.
Theory I read is that the markets were spooked by the report that 83 people in Nassau County were being tested, as well as the reports that the virus had been reported in additional European countries.
Wait - this is a joke, right? You think that the markets did an about face and dropped 550 points because a bunch of people in Nassau County were being tested?
Theory I read is that the markets were spooked by the report that 83 people in Nassau County were being tested, as well as the reports that the virus had been reported in additional European countries.
Wait - this is a joke, right? You think that the markets did an about face and dropped 550 points because a bunch of people in Nassau County were being tested?
New Yorkers have never underestimated their own importance -- even those as far away as those in Nassau County. Probably those in Suffolk, too.
Don't be stupid - Suffolk county would affect the S&P
Rod "The wire" Rosenstein's sister. CDC - Political Tool? - ( New Window )
You are bringing partisan politics into this, not cool. You can be banned for linking that article.
Why? The motivation for sounding the Pandemic Alarm is extremely relevant to a thread about how stocks will react to the situation. If you believe the crisis is overblown, your reaction to the market will be very different than if you think this is the zombie apocalypse.
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
The Centers for Disease Control and Prevention has been informed of the first U.S. coronavirus case of an unknown origin, an indication that the virus may be spreading. According to The Washington Post, the Northern California patient did not recently return from a foreign country or have contact with a confirmed case. Officials have begun tracing the contacts of the individual to find out how the person was infected and who they potentially exposed.
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Entirely and wholly full of shit is what you are, if you read those websites and agree with those claims.
But hey, on the Internet, nobody needs to know you're a dog, right?
If some of the testing kits we have are flawed, which may be an issue I’ve read, I would be leery of some of the numbers right now.
The “testing kits” is a PCR test that detects Coronavirus RNA in patient samples. The kit contains certain elements that are controls to see if each run performs correctly. If those controls do not run correctly, then the test run is considered “not valid” and the patient result cannot be used or “reported out”.
In the original send out from CDC most states, when performing their initial checks of the test (not yet running patient samples but putting the test through the motions before they instituted it) got “invalid” results because of those QC controls. Dummy specimens that were used in these checks did not have false positive or false negative results, but the result would not have been reportable because of the QC check failure.
So, no results were reported out by the states. That’s where the bad test kit comes from. CDC was unable to get the states to do their own testing (they may have corrected this by now). And was doing all of the testing itself. I think that their own tests did not have the same QC flaws that were in the ones shipped to the state.
Bottom line is there aren’t any wrong result patients out there, other than one reported early on (who ended up being re-quarantined) where the issue was a mixup and not a bad test.
RE: RE: RE: RE: Out of 300,000,000 people in the US
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Entirely and wholly full of shit is what you are, if you read those websites and agree with those claims.
But hey, on the Internet, nobody needs to know you're a dog, right?
Jealousy is an ugly emotion. What have you made of your life?
Jealousy is an ugly emotion. What have you made of your life?
Nobody's jealous of you, you twat. Just pointing out how nonsensical your conspiracy theory websites are. Posting phony credentials isn't going to help them gain any legitimacy.
There are actual experts all over the world trying to resolve this issue, through quarantines, research on vaccinations, treatments. Every time a dipshit like you bubbles up some mindless conspiracy nonsense they set that effort back.
You want to know why stock markets dropped? Because companies are already warning that earnings are going to be off, that inventories are going to be depleted, that commodities are going to sit - and this crisis has barely started. Anyone with a 3rd grade education should understand as much.
Well, with a quality 3rd grade education at least.
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
is not helpful - although I do believe that the media, as they are inclined to do, is really hyping this up in order to drive the news and website clicks.
Meanwhile, the Dow continues freefalling today - was down almost 900 earlier, now down a "mere" 479.
Existing drugs may offer a first-line treatment for coronavirus outbreak
Broad-spectrum antiviral agents could be a possible quick response to the potential COVID-19 pandemic
I don't think information like this is really breaking through. Link - ( New Window )
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
is not helpful - although I do believe that the media, as they are inclined to do, is really hyping this up in order to drive the news and website clicks.
Meanwhile, the Dow continues freefalling today - was down almost 900 earlier, now down a "mere" 479.
Agreed. The hype machine is always dying for a Black Swan. Get ready for blast-off once news of a vaccine hits.
RE: RE: RE: RE: Out of 300,000,000 people in the US
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
You realize that China shut down factories for over a month (and is still nowhere near being fully operational) and that Japan just asked for schools to remain closed through April?
Do you really feel like anything has been hyped to this point? If so - why did it take the markets until now to actually act on it? The initial public interest in the virus was greater and had been waning.
This is one case where I think the media was actually pretty restrained. Unusually so, all things considered.
RE: RE: RE: RE: Out of 300,000,000 people in the US
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
Well, it was fun reading this thread while it lasted
You realize that China shut down factories for over a month (and is still nowhere near being fully operational) and that Japan just asked for schools to remain closed through April?
Do you really feel like anything has been hyped to this point? If so - why did it take the markets until now to actually act on it? The initial public interest in the virus was greater and had been waning.
This is one case where I think the media was actually pretty restrained. Unusually so, all things considered.
Yeah, the factories are all closed, but worse, only 85% of the Starbucks in the PRC are now open. Sounds dire. Hopefully they let the folks welded into their apartments out for a latte.
Pretty sure the baristas in Hubei aren't whipping up many frappuccinos.
Pretty sure all the factories and commerce in all the highlighted areas aren’t under martial law lockdown when all the Starbs and Walmarts and Mickey D’s have re-opened. They hype machine is in full force.
Dr. Messonnier said that she had sat down with her children and told them, “we as a family need to preparing for significant disruption of our lives.”
Lonk - ( New Window )
what indications are you using to judge when to pull trigger?
Going to make some people a lot of money buying some stocks at reduced prices....
This is what happens when investors have their computers set up for automatic sales...
Not quite this far or as quickly..but yeah.
I agree to an extent and that many are looking at this as an opportunity to take profits.....but it's been borderline panic selling today, which simply isn't warranted when you look at the big picture and our experience with SARS and other similar (or even deadlier) outbreaks.
Lol.
Lastly, there's a long run of expansion super heated by some deficit spending. I'm still kinda bearish.
Not to get into politics, but I think that is overblown because polls are not indicating that he is capable of winning in November and the Senate is unlikely to flip which means any policy ideas are DOA. I am already discussing with my investment guy what to do as of my assets he is holding about 30% is not invested in anything because I contemplate too much.
Really? Looking to follow Googs out the door?
Just buying good companies that will come back at some point
Adios comrade.
I could see the Dow dropping to 25K with all of the uncertainty. There are some serious economic disruptions here, and we've only hit the surface.
Further, the WHO/CDC/all of the major health institutes do not have their arms round this yet.
Several years of zero interest rate is a lot of global mal investment and stock buy backs on top of rotting fundamentals that cant really be out run forever.
Yes its an excuse to cash out gains. Its also true that there is a lot of rot in this latest asset bubble blown for the benefit of elites
Just buying good companies that will come back at some point
Talked to my guy about Apple and he says it is still over priced even though it is down $30...
Several years of zero interest rate is a lot of global mal investment and stock buy backs on top of rotting fundamentals that cant really be out run forever.
Yes its an excuse to cash out gains. Its also true that there is a lot of rot in this latest asset bubble blown for the benefit of elites
I hear you, but rates aren't going up anytime soon based on what the Fed has said. In fact, if anything, if coronavirus causes an economic slowdown they may go lower still.
The virus is out spreading throughout the world. It has proven to be highly contagious. Humans are a virgin population for it. It causes at least 10 percent to need medical intervention. Let that number sink in. The US healthcare system, which has been bolstered in no way over the past few weeks, will collapse in two weeks when inundated with thousands of people suffering from pneumonia. Then, after that the health care workers will get sick themselves. It will collapse in cities with frightening speed. There will be triage of those dying. Who gets the care?
China, shut down their country to try and stop it. The stock markets is down because the second largest economy in the world has shut down. The Chinese took draconian measures to quarantine. They did not do this and risk their economy for the flu. They did it because it is ravaging their people and spreading. No one knows the truth of what is happening in Wuhan and China due to their modern day Internet Berlin Wall. Any numbers from China regarding this virus should be multipled. The CCP did admit they made errors to their people. This fact actually scares me more than anything else, for them to admit fault means they are scared shitless.
The virus is now in South Korea one thousand cases strong. It is in Italy and spreading throughout Europe. It is all over Iran, and no one even knew. Their own health minister has it, an MP from the capital has it, the religious sites in Qom and other pilgramige areas are still open. It is in Iraq, it is in Afghanistan.
It is a fucking pandemic.
Then there is our country, the USA,what a fucking joke. We can't even test for the virus on a mass scale here. The CDC tests were fucking faulty. There is a near certain chance the virus is already spreading locally and we dont even know why because the CDC is apparently incompetent. This is a big fucking problem that has been obvious for days and today there is a Washington Post article. Very soon this virus will start popping up all over the country.
The virus is in control now. Hopefully everyone is still talking Giants football in a few months, but I think this is the big one. DOW down 2000 two days? Hopefully that will be our biggest problem.
Another $100 says the other half will claim getting in within 0.5% of the bottom when it occurs.
5G coming up, services doing real well, watch and air pods killing it
If it goes to 260-270, you just buy it and hold its p/e isnt really that high at all compared to others
The virus is out spreading throughout the world. It has proven to be highly contagious. Humans are a virgin population for it. It causes at least 10 percent to need medical intervention. Let that number sink in. The US healthcare system, which has been bolstered in no way over the past few weeks, will collapse in two weeks when inundated with thousands of people suffering from pneumonia. Then, after that the health care workers will get sick themselves. It will collapse in cities with frightening speed. There will be triage of those dying. Who gets the care?
China, shut down their country to try and stop it. The stock markets is down because the second largest economy in the world has shut down. The Chinese took draconian measures to quarantine. They did not do this and risk their economy for the flu. They did it because it is ravaging their people and spreading. No one knows the truth of what is happening in Wuhan and China due to their modern day Internet Berlin Wall. Any numbers from China regarding this virus should be multipled. The CCP did admit they made errors to their people. This fact actually scares me more than anything else, for them to admit fault means they are scared shitless.
The virus is now in South Korea one thousand cases strong. It is in Italy and spreading throughout Europe. It is all over Iran, and no one even knew. Their own health minister has it, an MP from the capital has it, the religious sites in Qom and other pilgramige areas are still open. It is in Iraq, it is in Afghanistan.
It is a fucking pandemic.
Then there is our country, the USA,what a fucking joke. We can't even test for the virus on a mass scale here. The CDC tests were fucking faulty. There is a near certain chance the virus is already spreading locally and we dont even know why because the CDC is apparently incompetent. This is a big fucking problem that has been obvious for days and today there is a Washington Post article. Very soon this virus will start popping up all over the country.
The virus is in control now. Hopefully everyone is still talking Giants football in a few months, but I think this is the big one. DOW down 2000 two days? Hopefully that will be our biggest problem.
There are 57 confirmed cases in the US so far. It is something to take seriously, but this is going a bit overboard. Remember the SARS panic? Y2K?
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
gonna get a great deal
If we listened to you, we might as well just jump in the coffin right now.
I can't fucking wait!
-Aubrey Huff (probably)
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
You are actually proud of being stupid aren't you? along with most of the ignorant fuckheads on this thread.
I have Amsterdam, Brussels, Paris and London in mid March...Need to stay out of the Louvre with all the Asians pushing their way past to get closer to the art...
Talk me out of it, please do, I know you have only my word to go on, but I am not a panic type of guy.
This shit though, I have to be honest I am worried I just am seeing a lot of unprecedented things happening around this virus.
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
If we listened to you, we might as well just jump in the coffin right now.
No, we have to adapt and survive, like in other trials of humanity throughout history. We have all been living high on the hog in this country in our life times. When was the last time you and all your neighbors were under quarantine?
It is going to be unprecedented in all our lives when NYC is on lockdown. I just think there are a lot of unknowns and a lot of ways this goes very side ways for society.
The real horror is if this virus, or it's more lethal mutation gets into the indigent populations in cities like Los Angeles. It that happens, the mortality rate will be exponential and virus will be very difficult to contain.
haha
These events are deeply concerning to me. Maybe I am nuts. Hopefully the hype is unwarranted
Quote:
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Isn't flu .01%?
at least what wifey has seen on the front lines
but that is of course subject to change
Hope not, but if this thing goes bananas in South Korea, or bananas in Italy, why would it not tear through NYC?
dont count older infirmed already people and its probably 1%
You know something we dont?
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
"You are actually proud of being stupid aren't you? along with most of the ignorant fuckheads on this thread."
dont count older infirmed already people and its probably 1%
You know something we dont?
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
"You are actually proud of being stupid aren't you? along with most of the ignorant f&ckheads on this thread."
Before this Coronavirus hit, I would say equities, outside of energy, were still a very good buy.
Now it's even better...but you just have to wait for the bottom. Whenever that hell that is...
Can it wait until fishing season? I can self-quarantine myself for the entirety of striped bass season. You know, for the good of humanity and all that.
...the clearest sense of "time" when it comes to the stock market.
Sure, in the long run, equities will rise. And there's no reason to expect otherwise.
But markets can be flat/down for years -- just check out the period 1968 - 1982.
So, the idea that the 2,000 point loss will be regained in a relatively short period of time is speculative.
Who the hell really knows?
Quote:
In comment 14818808 Payasdaddy said:
Quote:
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Isn't flu .01%?
In the US, yes. Worldwide, it's higher. Trying to find the stats.
The virus is out spreading throughout the world. It has proven to be highly contagious. Humans are a virgin population for it. It causes at least 10 percent to need medical intervention. Let that number sink in. The US healthcare system, which has been bolstered in no way over the past few weeks, will collapse in two weeks when inundated with thousands of people suffering from pneumonia. Then, after that the health care workers will get sick themselves. It will collapse in cities with frightening speed. There will be triage of those dying. Who gets the care?
China, shut down their country to try and stop it. The stock markets is down because the second largest economy in the world has shut down. The Chinese took draconian measures to quarantine. They did not do this and risk their economy for the flu. They did it because it is ravaging their people and spreading. No one knows the truth of what is happening in Wuhan and China due to their modern day Internet Berlin Wall. Any numbers from China regarding this virus should be multipled. The CCP did admit they made errors to their people. This fact actually scares me more than anything else, for them to admit fault means they are scared shitless.
The virus is now in South Korea one thousand cases strong. It is in Italy and spreading throughout Europe. It is all over Iran, and no one even knew. Their own health minister has it, an MP from the capital has it, the religious sites in Qom and other pilgramige areas are still open. It is in Iraq, it is in Afghanistan.
It is a fucking pandemic.
Then there is our country, the USA,what a fucking joke. We can't even test for the virus on a mass scale here. The CDC tests were fucking faulty. There is a near certain chance the virus is already spreading locally and we dont even know why because the CDC is apparently incompetent. This is a big fucking problem that has been obvious for days and today there is a Washington Post article. Very soon this virus will start popping up all over the country.
The virus is in control now. Hopefully everyone is still talking Giants football in a few months, but I think this is the big one. DOW down 2000 two days? Hopefully that will be our biggest problem.
This post reads like the opening monologue from "The Outer Limits". Please stand by...
...the clearest sense of "time" when it comes to the stock market.
Sure, in the long run, equities will rise. And there's no reason to expect otherwise.
But markets can be flat/down for years -- just check out the period 1968 - 1982.
So, the idea that the 2,000 point loss will be regained in a relatively short period of time is speculative.
Who the hell really knows?
Interest rates were much higher from 68 to 82. No need to "search for yield" in the stock market.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known.
Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
Car parts, cell phones - so much of the world is dependent on China making crap and then the rest of the world reselling it. China hasn't been making anything - not replacement parts, not car parts, not computers, televisions, or anything else. If it goes on much longer - with all these economies so tightly wound - how does it not do serious damage to the world's economy and our stock market as a result?
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
It does not have a 2% chance of killing everyone that catches it. That 2% or 3% is total. Likely higher % in elderly or the very young. And extremely low in the 18 to 60 y/o range.
Quote:
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Good post. Want to add in though What’s the mortality rate in China vs other places. Let’s not gloss over that daft. There have been about 80,000. cases world wide. It will go up but how dangerous this is I still a huge Unknown. We will learn. I work in this sector and sell equipment used on patients who get seriously ill and wind up in the ICU due to issues related to sepsis. Will be interesting as it’s already been a bad flu season.
The devil is in The details. Again w China I’d literally throw out every bit of data. There’s a reason they don’t want anyone going in and reviewing the situation. It like they care about their people.
But hey. Never let a crisis go to waste as they say. There’s money to be made in panicking people.
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
Car parts, cell phones - so much of the world is dependent on China making crap and then the rest of the world reselling it. China hasn't been making anything - not replacement parts, not car parts, not computers, televisions, or anything else. If it goes on much longer - with all these economies so tightly wound - how does it not do serious damage to the world's economy and our stock market as a result?
I think I read where China is the biggest producer - for the US, at least - of penicillin.
Quote:
largest economy are quarantined. This shit *is* out of a bad horror movie.
Again - it's not tremendously fatal (although while we're at it, I'd rather not have to deal with a sickness that could be caught like a cold but has a 2% chance of killing someone). But since January, and extending now into what will soon be March, factories have been shut down.
Car parts, cell phones - so much of the world is dependent on China making crap and then the rest of the world reselling it. China hasn't been making anything - not replacement parts, not car parts, not computers, televisions, or anything else. If it goes on much longer - with all these economies so tightly wound - how does it not do serious damage to the world's economy and our stock market as a result?
I think I read where China is the biggest producer - for the US, at least - of penicillin.
Yep. Heard the US does not produce penicillin any longer. Not profitable..we don't produce medical morphine, either.
Quote:
In comment 14818808 Payasdaddy said:
Quote:
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Good post. Want to add in though What’s the mortality rate in China vs other places. Let’s not gloss over that daft. There have been about 80,000. cases world wide. It will go up but how dangerous this is I still a huge Unknown. We will learn. I work in this sector and sell equipment used on patients who get seriously ill and wind up in the ICU due to issues related to sepsis. Will be interesting as it’s already been a bad flu season.
The devil is in The details. Again w China I’d literally throw out every bit of data. There’s a reason they don’t want anyone going in and reviewing the situation. It like they care about their people.
But hey. Never let a crisis go to waste as they say. There’s money to be made in panicking people.
I don’t think the CDC is inciting panic or profiting from it, their warnings are measured and line up with the current uncertainties in the science. BTW, seasonal flu has a mortality of 0.1%, 20X less than current estimates for COVID-19.
It would be nice if we could lower that average in the US, but my fear it is going to cause real problems in countries with high population densities and weak health care practices.
Thank you?
To me it is in the sense that this uncharted waters biologically, economically, politically and everything else.
No one knows what is going to happen. Globalization itself, the world order, is sick from the virus just like many people are. China is producing nothing, this thread was started as an economic thread.
This virus is controlling world events.
Quote:
That is fucking gold
Thank you?
To me it is in the sense that this uncharted waters biologically, economically, politically and everything else.
No one knows what is going to happen. Globalization itself, the world order, is sick from the virus just like many people are. China is producing nothing, this thread was started as an economic thread.
This virus is controlling world events.
If it is not terrorism it has to be something else. Hey, WTF, plague is back in Cali!
CCP is almost certainly underreporting the number of cases and total fatalities. Not sure if the actual fatality rates are higher. They also appear to only count deaths in hospitals/quarantine centers. They aren’t welding apartment shut and locking down cities for 2,000 deaths. That number is far higher imo.
To be fair, it’s almost impossible for any country regardless of governance to gain an accurate case count. No country has an accurate test in place, nor the quantity nor the facilities to analyze the results. CDC/WHO should be assessing respiratory claims by countries. I have little confidence in the leadership of either institutions and those entities which control them, unfortunately.
We need to keep an eye on the freer societies for more accurate information particularly South Korea and Singapore over the next week.
I do not to mess up your evening, but read your policy exclusions. We are going to Italy at end of April. We have Allianz travel insurance, but my friend has Travelguard. Epidemics are excluded from coverage. Since we are taking a tour through AAA, they are now offering the March travel people to reschedule their trip without penalty. The only other recourse I see, if things are still bad in May, is to have some kind of personal or family illness
Minor blip. Carry on, Chicken Little.
Coverages & Benefit Limits
Standard Packages
ACCIDENT AND SICKNESS MEDICAL EXPENSES
$5000.00 Per Insured
ANCILLARY EVACUATION BENEFITS
$5000.00 Per Insured
BAGGAGE AND PERSONAL EFFECTS
$1000.00 Per Insured
EMERGENCY EVACUATION AND REPATRIATION OF REMAINS
$50000.00 Per Insured
EMERGENCY TRAVEL ASSISTANCE
Included Per Insured
FLIGHT ACCIDENT INSURANCE
$50000.00 Per Insured
TRAVEL MEDICAL ASSISTANCE
Included Per Insured
TRIP CANCELLATION
100% Trip Cost Per Insured
TRIP INTERRUPTION
100% Trip Cost Per Insured
WORLD WIDE TRAVEL ASSISTANCE
Included Per Insured
"This product only covers for Trip Costs booked with Expedia, Inc. Coverage varies by state. Please refer to Certificate of Insurance or Policy for complete details."
Copyright © 2020, Travel Guard.
Quote:
That China may be underreporting it, especially in the beginning
CCP is almost certainly underreporting the number of cases and total fatalities. Not sure if the actual fatality rates are higher. They also appear to only count deaths in hospitals/quarantine centers. They aren’t welding apartment shut and locking down cities for 2,000 deaths. That number is far higher imo.
To be fair, it’s almost impossible for any country regardless of governance to gain an accurate case count. No country has an accurate test in place, nor the quantity nor the facilities to analyze the results. CDC/WHO should be assessing respiratory claims by countries. I have little confidence in the leadership of either institutions and those entities which control them, unfortunately.
We need to keep an eye on the freer societies for more accurate information particularly South Korea and Singapore over the next week.
Good post DCG.
Why Energy stocks?
Quote:
And again today. I recommend energy stocks.
Why Energy stocks?
They were undervalued before and many are just ridiculous now. My favorite is ET. 10+% distribution with 1.9x coverage, DCF growing, major projects coming on line, huge presence in LNG which will power all the electric plants we will need for clean energy, ridiculously low price.
Coverages & Benefit Limits
Standard Packages
ACCIDENT AND SICKNESS MEDICAL EXPENSES
$5000.00 Per Insured
ANCILLARY EVACUATION BENEFITS
$5000.00 Per Insured
BAGGAGE AND PERSONAL EFFECTS
$1000.00 Per Insured
EMERGENCY EVACUATION AND REPATRIATION OF REMAINS
$50000.00 Per Insured
EMERGENCY TRAVEL ASSISTANCE
Included Per Insured
FLIGHT ACCIDENT INSURANCE
$50000.00 Per Insured
TRAVEL MEDICAL ASSISTANCE
Included Per Insured
TRIP CANCELLATION
100% Trip Cost Per Insured
TRIP INTERRUPTION
100% Trip Cost Per Insured
WORLD WIDE TRAVEL ASSISTANCE
Included Per Insured
"This product only covers for Trip Costs booked with Expedia, Inc. Coverage varies by state. Please refer to Certificate of Insurance or Policy for complete details."
Copyright © 2020, Travel Guard.
I have similar coverage. I am not sure it matters who cancels the trip as far as travel insurance. When you got the policy, there is a detailed description of what is covered and what is excludes. I suggest reviewing it, and then contact your travel agent to get clarification. I am only suggesting being prepared ahead of time so you know what is covered and what isn’t. Probably by May, it might not make a difference anyway.
Me too ...
but I will call travel insurance to work out details for sure
Thanks for the heads up
Dollar cost average over time and do not panic.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known. Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
"Potus Tweeted that the virus is fully contained" - Not sure why you included this.
We need adults weighing in on this, not the POTUS.
Quote:
The CDC is warning that affected communities will experience severe disruption of their lives, in the USA.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known. Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
"Potus Tweeted that the virus is fully contained" - Not sure why you included this.
We need adults weighing in on this, not the POTUS.
GUA, be careful with the political stuff. Mods don't want any of that stuff on here
Quote:
In comment 14818870 DonQuixote said:
Quote:
The CDC is warning that affected communities will experience severe disruption of their lives, in the USA.
Nobody knows full what will happen. Perhaps it will fall into a seasonal cycle. It is more deadly than the flu, and less deadly than SARS, but it spreads at a rate somewhere in the middle. It has already killed more people than SARS and MERS combined. It is spreading in very disparate countries from South Korea to Europe and Iran, and who knows what will happen in countries with high population densities and poor healthcare. Public health officials do not know the surge capacity of our own health care system.
I am not being doomsday, it is just that it is going to spread, the lethality in that in the US is not currently known and may be lower than the 2% in China, but this is a big deal.
I don’t know much about stock valuation but this is a significant world health event. POTUS tweeted that the virus is fully contained, but this will need to be walked back. It is a tough call figuring out who is glib, reassuring, realistic or alarmist, but the biology of the thing isn’t really known. Useful scientific article, but all these reviews are dated by the time they appear... - ( New Window )
"Potus Tweeted that the virus is fully contained" - Not sure why you included this.
We need adults weighing in on this, not the POTUS.
GUA, be careful with the political stuff. Mods don't want any of that stuff on here
this issue is about to get very political since the President is wanting to muzzle the CDC, so maybe they should just go ahead and delete the thread.
just a heads up, no worries buddy
It is already declared a pandemic. Please regale us with stories about how normal that is
Quote:
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Quote:
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
To my knowledge, it has *not* yet been declared an official pandemic. That has to come from the WHO and, unless they dit today, has declined to do so thus far. Not saying it won’t be, just afaik it is not yet.
Also, even in China, while it’s over 2% in Hubei province, outside of Hubei the mortality rate is a fraction of a percent.
Quote:
In comment 14819133 Jim from Katonah said:
Quote:
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Sars wasn't a pandemic. A full pandemic of this virus will result in 4 million deaths worldwide, at a minimum. I don't believe you know how to read data. You remind me of the acting dhs head who said today that influenza and CoVid19 have identical morality rates.
Quote:
In comment 14819138 Producer said:
Quote:
In comment 14819133 Jim from Katonah said:
Quote:
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Sars wasn't a pandemic. A full pandemic of this virus will result in 4 million deaths worldwide, at a minimum. I don't believe you know how to read data. You remind me of the acting dhs head who said today that influenza and CoVid19 have identical morality rates.
A pandemic doesn’t have anything to do with mortality rates. It has to do with the extent and global distribution of locally transmitted disease.
And, fwiw, just declaring something a pandemic doesn’t mean it comes with a bonus of x million deaths.
And, reading the data would suggest you are misrepresenting the true mortality rate...
All at this point in time of course. Things are still dynamic.
Again, it's not the total # of deaths that matters when doing a compare.
It's the % of deaths in relation to the number of diagnosed illnesses. And right now the Coronavirus looks much more dangerous than seasonal flu.
Per others like Bill L, that could be environment, pre-existing conditions, etc. But without knowing those layers, we can say with a good amount of certainty that seasonal flu is less dangerous.
Quote:
In comment 14819146 Jim from Katonah said:
Quote:
In comment 14819138 Producer said:
Quote:
In comment 14819133 Jim from Katonah said:
Quote:
... as per the CDC. That number is pretty consistent every flu season (September to March). No one says a word, and a big % of the US can’t even bother to get a vaccine. So far there have 1,600 deaths attributed to Coronavirus — over several countries. The media loves a calamity — every storm is the storm of the century, every possible bad event amplified. Coronavirus is likely yet another example.
It is already declared a pandemic. Please regale us with stories about how normal that is
We have influenza pandemics declared every few years. SARS, Swine Flu etc. The doomsday hype machine ratchets up every year. Now, stop reading this and go get milk, matches, and batteries.
Sars wasn't a pandemic. A full pandemic of this virus will result in 4 million deaths worldwide, at a minimum. I don't believe you know how to read data. You remind me of the acting dhs head who said today that influenza and CoVid19 have identical morality rates.
A pandemic doesn’t have anything to do with mortality rates. It has to do with the extent and global distribution of locally transmitted disease.
And, fwiw, just declaring something a pandemic doesn’t mean it comes with a bonus of x million deaths.
And, reading the data would suggest you are misrepresenting the true mortality rate...
All at this point in time of course. Things are still dynamic.
I never said that pandemic was linked to morality rate but rather that a worldwide epidemic with this seeming morality rate would likely result in millions of deaths. I have read your posts and you seen to have a decent grasp of the underlying data and trends but I'm not too impressed with your reading comprehension. This is turning into a five alarm fire for the world economy and world health. We have never seen a lockdown on the scale enacted in China. 750 million people. It is unprecedented in history. And yet the virus is out. The unprecedented lockdown did not work. And the morality rate had remained consistent since day one. And at every step the spread of this virus has outpaced the cool rhetoric and best efforts of medical professionals and political leaders. I think your consistent pretension that this is nothing is getting old. I hope this "burns out" but i have to say that after the appalling performance from the acting head of dhs, i think we are unprepared.
Just wanted to point out that "morality" and "mortality" are two different words with completely different meanings.
Quote:
I never said that pandemic was linked to morality rate but rather that a worldwide epidemic with this seeming morality rate would likely result in millions of deaths. ... The unprecedented lockdown did not work. And the morality rate had remained consistent since day one.
Just wanted to point out that "morality" and "mortality" are two different words with completely different meanings.
Autocorrect but thanks
qcom at 76.5
Royal caribbean at 86
qcom at 76.5
Royal caribbean at 86
i like american airlines too
Quote:
In comment 14818883 montanagiant said:
Quote:
That China may be underreporting it, especially in the beginning
CCP is almost certainly underreporting the number of cases and total fatalities. Not sure if the actual fatality rates are higher. They also appear to only count deaths in hospitals/quarantine centers. They aren’t welding apartment shut and locking down cities for 2,000 deaths. That number is far higher imo.
To be fair, it’s almost impossible for any country regardless of governance to gain an accurate case count. No country has an accurate test in place, nor the quantity nor the facilities to analyze the results. CDC/WHO should be assessing respiratory claims by countries. I have little confidence in the leadership of either institutions and those entities which control them, unfortunately.
We need to keep an eye on the freer societies for more accurate information particularly South Korea and Singapore over the next week.
Good post DCG.
It is. Question you mention as unanswered (however hard it proves to be to get one) is key: what are the real numbers? And what do they tell us about the true implications of the global spread, what they will be right here in River City as it were, as the dust settles? And I don't just mean economically.
Hell I just learned today that we have only 12 facilities in the country for testing for the Virus because the CDC sent out faulty equipment. Also that carriers of it may not show any signs of it for a long period of time. If you add that all up the 53 people we identified as having it is much higher. There are some predictions that anywhere from 40 to 70% of the world will catch it. That is going to scare people.
Quote:
big drop. I wonder if the President's speech tonight on the will have a positive impact tomorrow. Right now, it's safe to say that the herd has been spooked...
Hell I just learned today that we have only 12 facilities in the country for testing for the Virus because the CDC sent out faulty equipment. Also that carriers of it may not show any signs of it for a long period of time. If you add that all up the 53 people we identified as having it is much higher. There are some predictions that anywhere from 40 to 70% of the world will catch it. That is going to scare people.
The fact that local testing can not be done Nationwide because the the CDC failed and sent out broken tests is sad and dangerous. Korea is testing tens of thousands. Italy is testing high numbers and the CDC said on a call yesterday that labs have to fucking mail tests to Atlanta, wait a day and then get results. What a total failure.
Germany and UK will now be doing random testing at medical locations all over their countries and will test anyone will flu symptoms who is negative for flu.
This should have been happening in the US already. This country can't even do mass local testing, they said won't be full capability until mid march.
There is a near 100 percent chance many people here in the US are walking around with the Virus as we speak. They cant do mass test screenings.
This may be good though, if more people have it and it is mild, perhaps the illness is less virulent overall.
But what an total epic failure by the CDC, these other developed nations did not have this testing problem.
It should be concerning to all. No one on the planet knows how this will play out.
Quote:
In comment 14818831 lawguy9801 said:
Quote:
In comment 14818808 Payasdaddy said:
Quote:
from what I understand most of the people dying are older people with other issues
probably a 99% survival rate here in US if you are between 15-65
Not to minimize but this isnt ebola
Mortality rate is 2%. For the flu, it's 1%.
I agree....we absolutely need to take it seriously, but there will be a vaccine, treatments will get better, and people will not be dying in the streets. Long term, we will be fine, and later this year we'll be saying "Coronavirus, what was that? Oh yeah..."
Good post. Want to add in though What’s the mortality rate in China vs other places. Let’s not gloss over that daft. There have been about 80,000. cases world wide. It will go up but how dangerous this is I still a huge Unknown. We will learn. I work in this sector and sell equipment used on patients who get seriously ill and wind up in the ICU due to issues related to sepsis. Will be interesting as it’s already been a bad flu season.
The devil is in The details. Again w China I’d literally throw out every bit of data. There’s a reason they don’t want anyone going in and reviewing the situation. It like they care about their people.
But hey. Never let a crisis go to waste as they say. There’s money to be made in panicking people.
I don’t think the CDC is inciting panic or profiting from it, their warnings are measured and line up with the current uncertainties in the science. BTW, seasonal flu has a mortality of 0.1%, 20X less than current estimates for COVID-19.
It would be nice if we could lower that average in the US, but my fear it is going to cause real problems in countries with high population densities and weak health care practices.
Hey he CDC is doing it’s job. Don’t want to wander off the path here but my statement stands. China literally caused this to be much worse. I don’t lost this next part to elicit sympathy but my dad and mom both died from sepsis brought on by pneumonia. I also sell equipment used specifically to treat patients who wind up w sepsis due to issues like severe viral infections which weaken patients who then die.
This virus is similar. If weakens at risk people who then get bad bacterial or other viral diseases. Due to China’s outright evil actions we don’t know how contagious or virulent this is. Until we get data from areas where they actually care about people and treat them we don’t know nearly enough
There is risk That w y older person who is severely compromised is at risk. My mom was a last cancer patient who was imuno-compromised. My dad older at 87 smoked for 66 years and destroyed his lungs and heart. Even s the shot he got pneumonia a second time and just decided to refuse treatment. The old and sick and going are at risk already from the flu. This seems to be similar but since China left people to die we can not use any statistical data due to their malfeasance
This may be more of mass deadly. We have i idea yet and that’s the real issue. China really showed the world how horrible they are
Just yesterday we had the director of the CDC saying an outbreak in the US is inevitable. Then Kudlow saying it was contained. Then a senator putting the acting DHS through the ringer about his lack of knowledge about the virus. And today we get Tweets about how certain networks are hyping this up to harm the market/him & that it's contained.
Not exactly an inspiring 24 hours we got here.
What happened?
Quote:
I guess the markets read BBI and heeded my advice
What happened?
In the red now by a trace for the first time today.
Quote:
In comment 14818961 Somnambulist said:
Quote:
And again today. I recommend energy stocks.
Why Energy stocks?
They were undervalued before and many are just ridiculous now. My favorite is ET. 10+% distribution with 1.9x coverage, DCF growing, major projects coming on line, huge presence in LNG which will power all the electric plants we will need for clean energy, ridiculously low price.
DOJ is building a criminal case around Energy Transfer’s Revolution pipeline explosion
Just yesterday we had the director of the CDC saying an outbreak in the US is inevitable. Then Kudlow saying it was contained. Then a senator putting the acting DHS through the ringer about his lack of knowledge about the virus. And today we get Tweets about how certain networks are hyping this up to harm the market/him & that it's contained.
Not exactly an inspiring 24 hours we got here.
I don’t think that’s exactly fair. The virus came into existence (in humans) just about 3 months ago. That’s not a lot of time to accumulate knowledge. China, for all its warts and flaws, was very forthcoming on publishing the genomic sequence quickly. That put us light years ahead of where we could have been, but, in the scheme of things, it’s an unknown just coming on now.
The CDC test had to be rushed. And, yeah, it’s wonky because a lot of things (controls) have to be present in the test before you can accept the results and one component failed, which invalidated the test. That check is to assure that no wrong results are reported, which is actually worse than reporting nothing at all. At any rate, they have corrected it and are issuing new tests to state public health plans. And, I don’t think that the testing CDC itself was doing is errant; just the tests they sent put for the states to use.
Think of airplane or fire or terrorist disasters. The first many reports are conflicting or wrong and are either to reassuring or too frightening. That’s the stage we are in with this virus.
As of now, it looks like it will spread. It has not spread into the US beyond the imported cases we know about. The mortality rate remains over exaggerated because it’s based on Wuhan/Hubei, which is clearly an anomaly. But the situation, and potentially the virus, is an evolving thing.
I’m sitting in a conference right now with public health scientists and administrators from every state and many from CDC itself. SARS-2 is on everyone’s mind and work plate. Still, Nobody is saying anything really different than what I have been saying here. People are watchful and concerned and feel like spreading here is inevitable And that resources will be taxed. But nobody is paranoid, given to hyperbole, or treating it like Thanos is snapping his fingers.
Quote:
I guess the markets read BBI and heeded my advice
What happened?
Theory I read is that the markets were spooked by the report that 83 people in Nassau County were being tested, as well as the reports that the virus had been reported in additional European countries.
For those with a weakened immune system, the elderly and the very young, there's a chance the virus could cause a lower, and much more serious, respiratory tract illness such as pneumonia or bronchitis.
There are a handful of human coronaviruses that are known to be deadly.
There is no specific treatment, but research is underway. Most of the time, symptoms will go away on their own and experts advise seeking care early. People with symptoms that feel worse than a standard cold should see their doctor.
Concern, vigilance, preparation - absolutely. But again - if you cut through the hysteria and boil this all down to its essence, this does not sound like something that should be knocking $1 trillion-plus off the stock market.
Link - ( New Window )
Quote:
So, my husband went to PA to meet with his team from Italy. Today, before his meeting, he gets notified that one of the Italian men had dinner in Italy with a group of people that all came down with the corona virus, The folks that guy had dinner with in Italy were obviously not diagnosed till after that dinner. My husband had no contact with the man, but others did. It will be interesting to see if they are quarantined and if this makes the news. The meeting is cancelled and there will be no further in person contact with the Italian team and no trips to Italy. There is obviously a lot more cases than we are being told. I’m not panicked, but I hate when this happens. Thought I’d share the story.
My niece, her husband, and a 5 and a 3-year-old were on that Princess cruise line anchored just outside of Japan. As a matter of fact, she made Time Magazine because of a note she wrote thanking the crew that she posted on teir door and one of the crew members took a pic of it and sent it to Time.
Her husband is stationed in Japan for the Army and after they tested neg and was finally let off the ship they now have to do 14 days at home. They actually had a car in front and behind to make sure they did not stop anywhere when they drove home from the car park for the cruise lines. The Govt actually brings them their meals and puts them on the doorstep and they can't open the door until they are off the property.
They are really being cautious in Japan
Quote:
In comment 14819590 lawguy9801 said:
Quote:
I guess the markets read BBI and heeded my advice
What happened?
Theory I read is that the markets were spooked by the report that 83 people in Nassau County were being tested, as well as the reports that the virus had been reported in additional European countries.
Wait - this is a joke, right? You think that the markets did an about face and dropped 550 points because a bunch of people in Nassau County were being tested?
Quote:
In comment 14819896 Mr. Bungle said:
Quote:
In comment 14819590 lawguy9801 said:
Quote:
I guess the markets read BBI and heeded my advice
What happened?
Theory I read is that the markets were spooked by the report that 83 people in Nassau County were being tested, as well as the reports that the virus had been reported in additional European countries.
Wait - this is a joke, right? You think that the markets did an about face and dropped 550 points because a bunch of people in Nassau County were being tested?
New Yorkers have never underestimated their own importance -- even those as far away as those in Nassau County. Probably those in Suffolk, too.
Assuming you were responding to my earlier entry concerning COVID-19 positivity tests, Italy's latest now show 5% of those tested have the virus.
Political Sabotage? - ( New Window )
You misspelled 'really fucking stupid'.
Quote:
Interesting coincidence, no? Political Sabotage? - ( New Window )
You misspelled 'really fucking stupid'.
You're right...did they think we wouldn't notice?
How stupid.
When My father had a place I went to in Montauk I was absolutely sure of it.
CDC - Political Tool? - ( New Window )
Do you also wrap your head in tinfoil and believe everything Alex Jones says?
Quote:
Rod "The wire" Rosenstein's sister. CDC - Political Tool? - ( New Window )
Do you also wrap your head in tinfoil and believe everything Alex Jones says?
It's literally all over the news!
The Story has Gone Viral - ( New Window )
Quote:
Rod "The wire" Rosenstein's sister. CDC - Political Tool? - ( New Window )
You are bringing partisan politics into this, not cool. You can be banned for linking that article.
Why? The motivation for sounding the Pandemic Alarm is extremely relevant to a thread about how stocks will react to the situation. If you believe the crisis is overblown, your reaction to the market will be very different than if you think this is the zombie apocalypse.
Quote:
Interesting coincidence, no? Political Sabotage? - ( New Window )
You misspelled 'really fucking stupid'.
HA!
Great. Potential pandemic now being used to spew ridiculous conspiracy theories. I weep for this country.
Quote:
In comment 14820280 Somnambulist said:
Quote:
Rod "The wire" Rosenstein's sister. CDC - Political Tool? - ( New Window )
Do you also wrap your head in tinfoil and believe everything Alex Jones says?
It's literally all over the news! The Story has Gone Viral - ( New Window )
LMAO..Dupree.com and Daily Pundit = "The news"
This will end well.
I'd say things are going great so far. A+++++++
I'd say things are going great so far. A+++++++
Sad that the cult leaks into a sports board
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Not sure what tracking software you use but I've been posting on many BBI threads since 2013 - Giants threads, Yankees threads, NFT threads.
I hope we're better at tracking coronavirus cases than we are at tracking BBI users. ;-)
Quote:
In comment 14820378 Somnambulist said:
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Entirely and wholly full of shit is what you are, if you read those websites and agree with those claims.
But hey, on the Internet, nobody needs to know you're a dog, right?
I'd say things are going great so far. A+++++++
If some of the testing kits we have are flawed, which may be an issue I’ve read, I would be leery of some of the numbers right now.
Quote:
In comment 14820280 Somnambulist said:
Quote:
Rod "The wire" Rosenstein's sister. CDC - Political Tool? - ( New Window )
Do you also wrap your head in tinfoil and believe everything Alex Jones says?
It's literally all over the news! The Story has Gone Viral - ( New Window )
Are there really people that fucking stupid to call websites like that "news"?? As well as projecting that it is all over the place??
Might as well link to brazzers.com. At least some of us could get something out of it
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
If some of the testing kits we have are flawed, which may be an issue I’ve read, I would be leery of some of the numbers right now.
The “testing kits” is a PCR test that detects Coronavirus RNA in patient samples. The kit contains certain elements that are controls to see if each run performs correctly. If those controls do not run correctly, then the test run is considered “not valid” and the patient result cannot be used or “reported out”.
In the original send out from CDC most states, when performing their initial checks of the test (not yet running patient samples but putting the test through the motions before they instituted it) got “invalid” results because of those QC controls. Dummy specimens that were used in these checks did not have false positive or false negative results, but the result would not have been reportable because of the QC check failure.
So, no results were reported out by the states. That’s where the bad test kit comes from. CDC was unable to get the states to do their own testing (they may have corrected this by now). And was doing all of the testing itself. I think that their own tests did not have the same QC flaws that were in the ones shipped to the state.
Bottom line is there aren’t any wrong result patients out there, other than one reported early on (who ended up being re-quarantined) where the issue was a mixup and not a bad test.
Quote:
In comment 14820428 jcn56 said:
Quote:
In comment 14820378 Somnambulist said:
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Entirely and wholly full of shit is what you are, if you read those websites and agree with those claims.
But hey, on the Internet, nobody needs to know you're a dog, right?
Jealousy is an ugly emotion. What have you made of your life?
Tin foil hats might act as suppressors for radio waves, but they sure as hell don't keep people from being fucking morons.
Jealousy is an ugly emotion. What have you made of your life?
Nobody's jealous of you, you twat. Just pointing out how nonsensical your conspiracy theory websites are. Posting phony credentials isn't going to help them gain any legitimacy.
There are actual experts all over the world trying to resolve this issue, through quarantines, research on vaccinations, treatments. Every time a dipshit like you bubbles up some mindless conspiracy nonsense they set that effort back.
You want to know why stock markets dropped? Because companies are already warning that earnings are going to be off, that inventories are going to be depleted, that commodities are going to sit - and this crisis has barely started. Anyone with a 3rd grade education should understand as much.
Well, with a quality 3rd grade education at least.
Quote:
In comment 14820378 Somnambulist said:
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
If you're so sure the whole thing is a deep state conspiracy to hurt Trump, why don't head on over to Wuhan to investigate and report back to us.
Meanwhile, the Dow continues freefalling today - was down almost 900 earlier, now down a "mere" 479.
So, in other words, on-brand.
Broad-spectrum antiviral agents could be a possible quick response to the potential COVID-19 pandemic
I don't think information like this is really breaking through.
Link - ( New Window )
Link - ( New Window )
Quote:
Just stunningly stupid.
So, in other words, on-brand.
100% on-brand, which is truly sad at how far we have sunk
Quote:
In comment 14820428 jcn56 said:
Quote:
In comment 14820378 Somnambulist said:
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
Crickets ....
Meanwhile, the Dow continues freefalling today - was down almost 900 earlier, now down a "mere" 479.
Agreed. The hype machine is always dying for a Black Swan. Get ready for blast-off once news of a vaccine hits.
Quote:
In comment 14820428 jcn56 said:
Quote:
In comment 14820378 Somnambulist said:
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
BS and MS Chemistry Seton Hall. PhD Rutgers.
Do you really feel like anything has been hyped to this point? If so - why did it take the markets until now to actually act on it? The initial public interest in the virus was greater and had been waning.
This is one case where I think the media was actually pretty restrained. Unusually so, all things considered.
Quote:
In comment 14820428 jcn56 said:
Quote:
In comment 14820378 Somnambulist said:
Quote:
15 are confirmed to have Coronavirus. Fifteen.
I'd say things are going great so far. A+++++++
Yeah - and last week, how many Italians had the virus? How many had it today?
You should put down the crackpot web sites, put down the crack pipe, and learn some basic science. After that maybe you'll understand why people are concerned.
Funny you say that. I have a BS, MS and PhD in science and have been a practicing Chemist for 40 years. Author of Publications, patents, chair of scientific committees for the University of Washington and the US Pharmacopoeia.
But carry on...
Hey, I bet we know some of the same people then. Where did you do your PhD and Postdoc?
Do you really feel like anything has been hyped to this point? If so - why did it take the markets until now to actually act on it? The initial public interest in the virus was greater and had been waning.
This is one case where I think the media was actually pretty restrained. Unusually so, all things considered.
Yeah, the factories are all closed, but worse, only 85% of the Starbucks in the PRC are now open. Sounds dire. Hopefully they let the folks welded into their apartments out for a latte.
Pretty sure the baristas in Hubei aren't whipping up many frappuccinos.
Pretty sure the baristas in Hubei aren't whipping up many frappuccinos.
Pretty sure all the factories and commerce in all the highlighted areas aren’t under martial law lockdown when all the Starbs and Walmarts and Mickey D’s have re-opened. They hype machine is in full force.