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..."
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."