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Differs in the sense that this is entirely speculation, but I guess there's no reason why it couldn't eventually be confirmed by a pandemic that does cripple economic activity.Getting very strong flashbacks to mid-October 2008 here re the markets.
Differs in the sense that this is entirely speculation, but I guess there's no reason why it couldn't eventually be confirmed by a pandemic that does cripple economic activity.
The whole thing is a bit ridiculous, ok boomer is circulating the pits of Goldman’s. As they’re pulling their retirement funds.Getting very strong flashbacks to mid-October 2008 here re the markets.
The whole thing is a bit ridiculous, ok boomer is circulating the pits of Goldman’s. As they’re pulling their retirement funds.
but one good thing to come from it is the medical security bills, which are finding out how much reliance the west has had on Chinese raw materials in drug manufacturing.
might be perfect time to let fat tony out. I’m sure he wouldn’t have an issue sorting raw materials.
Nah, no pandemic here, calling it the p word would mean pandemic bonds would mature.. billionaires would lose money.???
Did you see the Chinese PMI figures?
Pandemic is here.
It is on.
It is coronoavirus gaffening
Guess I'm still hoping it's a shorter term issue. If the virus can be reasonably contained and those PMI figures bounce back within the year, then the market has been oversold and nothing is gaffening.???
Did you see the Chinese PMI figures?
Pandemic is here.
It is on.
It is coronoavirus gaffening
This has escalated.
Guess I'm still hoping it's a shorter term issue. If the virus can be reasonably contained and those PMI figures bounce back within the year, then the market has been oversold and nothing is gaffening.
Maybe I'm just desperately clinging to the bull market though.
Over 80% of those infected are very mild cases. The ones that are critical are all with pre-existing conditions. That cruse ship was a very good example. 600 people got infected, and had the virus been dangerous, the death toll would have been huge, given the nature of the situation and no hospital facilities on board But instead only a couple of 80 year olds in fact died. They could have died from the standard flu as well.???
Did you see the Chinese PMI figures?
Pandemic is here.
It is on.
It is coronoavirus gaffening
There will be a rush by those with means to protect their interests. Then there will be a slowdown in the world economy from an increase in difficulty in producing, selling and shipping goods. Then people will start losing jobs.Who knows.
But the cat is out of the bag.
If I were a betting man - which is all investing is - I'd be betting closer to worst case scenario than it being contained.
Over 80% of those infected are very mild cases. The ones that are critical are all with pre-existing conditions. That cruse ship was a very good example. 600 people got infected, and had the virus been dangerous, the death toll would have been huge, given the nature of the situation and no hospital facilities on board But instead only a couple of 80 year olds in fact died. They could have died from the standard flu as well.
The real question is who is pedaling all this hysteria and why?
You’ll be fine, unless you’ve heavily leveraged in the last six months and have margin call or brought a whole heap of amp shares.Guess I'm still hoping it's a shorter term issue. If the virus can be reasonably contained and those PMI figures bounce back within the year, then the market has been oversold and nothing is gaffening.
Maybe I'm just desperately clinging to the bull market though.
Was speaking with someone who knows a great deal about this s**t yesterday. He stated that this is like a really bad flu rather than a standard flu and that precautions are justified. The mortality rate for healthy people is twice that of standard flu seasons and the real problems will start if it gets into countries and communities with little to no access to proper health care. Of course, there is a significant Chicken Little effect but that ain't such a bad thing apparently.Over 80% of those infected are very mild cases. The ones that are critical are all with pre-existing conditions. That cruse ship was a very good example. 600 people got infected, and had the virus been dangerous, the death toll would have been huge, given the nature of the situation and no hospital facilities on board But instead only a couple of 80 year olds in fact died. They could have died from the standard flu as well.
The real question is who is pedaling all this hysteria and why?
I have read some very credible doctors and scientists views on this, and their view and stats don't support it. The only thing that's worse than flu with this virus is how infectious it is.Was speaking with someone who knows a great deal about this s**t yesterday. He stated that this is like a really bad flu rather than a standard flu and that precautions are justified. The mortality rate for healthy people is twice that of standard flu seasons and the real problems will start if it gets into countries and communities with little to no access to proper health care. Of course, there is a significant Chicken Little effect but that ain't such a bad thing apparently.
Yes, a molecular scientist at Westmead hospital pretty much told me the same thing a couple of weeks agoI have read some very credible doctors and scientists views on this, and their view and stats don't support it. The only thing that's worse than flu with this virus is how infectious it is.