Everything is cyclical. The bull market had to correct at some point. The correction was triggered and worsened by the virus, but it was going to happen eventually. Here's one take: https://www.tradersmagazine.com/am/i...-market-crash/
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Everything is cyclical. The bull market had to correct at some point. The correction was triggered and worsened by the virus, but it was going to happen eventually. Here's one take: https://www.tradersmagazine.com/am/i...-market-crash/
I think 60% is probably closer than 20%, but I tend to think that's even a little low based on some quick napkin math and pretending I know what I'm talking about. Let's say 20% have it. Based on exponential spreading now reason to think two weeks later 80% wouldn't be exposed to it. There's no natural immunity yet AFAIK, so one would think exposure would lead to sickness. Of course, not all exposure would be new exposure per say, so that has to be accounted for as well.
Good post, Peanut Butter. The big rumor going around today is this is going to be last day of Wisconsin public schools for awhile. We'll see if it comes to fruition. It makes sense if you're cancelling everything else.
Did anyone notice that the virus has essentially run it's course in China? They had 8 new cases yesterday and 15 the day before. Maybe the NBA can finish their season over there, if they allow infected Americans to come into their clean country.
The analogy was with reference to using a single incident to make policy.
Your point is different and the analogy may not fit as well. That's how analogies often work.
It's a cost benefit analysis. Stopping all personal auto travel forever is not a trade-off people are willing to make.
If there were no adequate mitigation for Corona, we'd just live with it.
The only stock I own is the one share I have of the Packers. I'd be pathologically lying if I say I wouldn't be as jolly as Johnny Jolly high on the purple drank should the stock market crumble into the abyss of oblivion.
Thanks to Tank.
Back to sports please.
Wouldn't happen. 2008 taught us the IMF, Fed, et al. would step in to help prop up governments and economies, and that would of course be largely in the form of corporate bailouts and handouts. They want to make sure you have a shitty job to go to.
I suppose this is a best left to FYI.
That's the point - there are no sports.
I said a long time ago, if the damn terrorists were smart, they'd do a three-pronged attack: 1 they'd hit a sports event - scaring/panicking/depressing men all over the country, 2 they'd hit malls - scaring/panicking/depressing women, etc. from going shopping, 3 they'd hit a school - scaring/panicking/depressing anybody with kids, grandkids, etc. Well, all three of those have occurred. There is no indication it was terrorism. In actuality, it wasn't even the damn virus. It was just the stupid panic-stricken overreaction to the virus.