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Coronavirus (Stay on Topic)

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Monday is going to be a bad day on for the market.

Actually felt that we were about to level off and might have a positive week, but who knows now depending on the rest of the weekend. The panic might end up continuing.

Futures are still up although it's early. I might go to a store sometime this week and see how at least part of this area is reacting on buying goods.
 
Markets are dropping due to supply issues and a lot of companies already reporting they expect zero growth in 2020. Expect more drops. I was looking for a 20-30% drop from the highs. The market was already overbought and was waiting for a trigger to drop it.
Right. Markets were extremely extended and are still significantly overvalued. All it takes is a pin to pop the bubble. Market is still under appreciating what lies upon our doorstep, both economically and socially.
 
Glad I got these a month ago as a just in case. $24 / 10 pack.

I don’t fault anyone for being prepared. That said I’m in the camp of screw it. If I get the virus so be it. Those masks are uncomfortable. You would have to wear 24-7 outside your home and I’m not down with that. Try getting a 2 year old to keep that on their face lol. No way I can protect myself from it. Ill probably pick up some excess water and some canned/dry foods in the event of panic and supply issues.
 
The patient that died was considered a medically high risk patient, so I'm assuming some other underlying health issues.

This is what I expected and what most health professionals continue to scream from the rooftops. So far, it’s mortality data is following other viruses which is gernally older patients or those with underlying disease. Caught hell for saying this a few days ago. I will say it’s surprising we haven’t seen many pediatric deaths if any? I haven’t...


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I don’t fault anyone for being prepared. That said I’m in the camp of screw it. If I get the virus so be it. Those masks are uncomfortable. You would have to wear 24-7 outside your home and I’m not down with that. Try getting a 2 year old to keep that on their face lol. No way I can protect myself from it. Ill probably pick up some excess water and some canned/dry foods in the event of panic and supply issues.

Yeah, I mentioned many pages ago about always having 2-4 weeks of emergency supplies. I lean toward 4 weeks. Stuff I'll use anyway. Just rotate. Regarding the masks... My brother and his family's steel building is going up and we'll be sanding drywall this summer. So, I'll use them anyway. ?‍♂️
 
This is what I expected and what most health professionals continue to scream from the rooftops. So far, it’s mortality data is following other viruses which is gernally older patients or those with underlying disease. Caught hell for saying this a few days ago. I will say it’s surprising we haven’t seen many pediatric deaths if any? I haven’t...


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Unfortunately there is a huge part of the population that have underlying conditions or elderly. Not very comforting
 
Unfortunately there is a huge part of the population that have underlying conditions or elderly. Not very comforting
But that's the risk with the flu or any other virus, disease or sickness. Those with underlying health issues should already be taking precautions prior to the coronavirus outbreak.
 
Unfortunately there is a huge part of the population that have underlying conditions or elderly. Not very comforting

Well the difference is they’re always susceptible to pathogens before the general public so it’s not like it’s unexpected news. If the virus has high mortality data across all age groups it would be extremely more distressing. That’s the takeaway.


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Everyone has their sources. So is CNN MSBC credible? Don’t answer I already know your answer.
Sites like infowars aren't credible because they feed off emotion regularly and twist facts to create a heavy right bias. CNN has their left bias as does MSNBC, but at least the stories between them are consistent and not off the wall like what you would see at a high bias site such as infowars.
 
Well the difference is they’re always susceptible to pathogens before the general public so it’s not like it’s unexpected news. If the virus has high mortality data across all age groups it would be extremely more distressing. That’s the takeaway.


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My takeaway is while that may be comforting to us who are younger and healthier, a highly contagious bug such as this is capable of, and likely will, infect a greater percentage of that at-risk group, likely resulting in a worse situation than the regular flu...assuming we are as bad at containing the outbreak as I think we will be. I, for one, find that to be quite disconcerting, even though I am young and healthy.

I'd also like to continue to point out that we still only have a few weeks of reliable data around this virus. There are a lot of TBDs still pinned up on the board. I'm not saying we're all gonna die, but there is still too much overconfidence washing around, IMO.
 
My takeaway is while that may be comforting to us who are younger and healthier, a highly contagious bug such as this is capable of, and likely will, infect a greater percentage of that at-risk group, likely resulting in a worse situation than the regular flu...assuming we are as bad at containing the outbreak as I think we will be. I, for one, find that to be quite disconcerting, even though I am young and healthy.

I'd also like to continue to point out that we still only have a few weeks of reliable data around this virus. There are a lot of TBDs still pinned up on the board. I'm not saying we're all gonna die, but there is still too much overconfidence washing around, IMO.

Yes I’ve been reminded fairly frequently that it’s early and I 110% agree with your post.

There’s also too much under confidence washing around from my perspective, so honestly it just depends on what side of the spectrum you choose to be on. We are in a bad situation and riding a fine line between comfort and panic. Maybe I’m an optimist, but I’m on the right side of the trend line. No reason to panic...just prepare.


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You’re the only one being overly political in your responses my friend.


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You’re right.

Hope this news source is credible. Was saying same thing the article I posted was saying. Also I have one from NYT. Not saying it’s true just keeping open mind.
 
This is not a humorous subject, but maybe a little levity, just for a possible smile?

Video conference with my son in Tokyo this AM. (He's lived and worked there for a bit over 5 years). He says that most people are quite calm. But he shared a vignette ...

Son was walking home in the high rise district of Tokyo yesterday afternoon, and saw a somehat obese Chinese fellow walking by himself, seemingly in his mid-40's, dressed in a suit, and wearing a massive WWI style gas mask; the dude was carrying several big bags of food out of McDonalds; the bags were dripping grease ... my son said he thought to himself ... "You're not paying attention to what's gonna kill you ..." True southern reaction a half a world away ...
 
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