That is so silly. A person gets infected with the coronavirus by an unknown infected person. But the original unknown infected person isn't sick enough to get medical treatment or to die and that person has not infected any of the other people he/she has come in contact with, some on an intimate basis. Meantime the second infected person is totally incapable of saying where she has been or who she had close contact with. It sounds like there are more idiots running around than there are actual sick people.
Which of his followers has said that they believe that? Everybody knows the downturn happened primarily because of the virus.
Your thinking is based on no data at all. Strange that so many Trump supporters keep posting that it is a good opportunity to buy now and then have been repeating that daily while the DJIA has fallen 4000 points. Perhaps actually buying would make their beliefs believable. No day is a good day to buy or sell. Trying to time the market is amateurish
Because no serious investor should base their buying or selling on what happened to the market yesterday. Quite obvious really
I invest I what I see occurring, and what I think will happen. I’m not Buffet, a day or two early or late is not going to effect my investment much. What do you base your invest on?
It is interes watch "the Good News" guys try to spin death rates as "very very low" when the infections are so new that the sick people haven't had time to die, some linger for weeks! And then to have autopsies, verification of the cause of death (not a quick process) and get the reports to the authorities who, just like Trump, don't want to admit their country is going to hell. These kinds of obviously incorrect information is making every more panicky. You can't say that the key manufacturer like China being unable to ship product to our leading businesses are going to be losing massive profits, have layoffs, idle production lines even if the virus never came to the USA. But the virus IS showing quickly, the USA is going to no products to sell and make profits, yet huge costs will appear as more and more people get sick, and the USA is so sparsely staffed that Friday and Saturday and Holidays have people down the hall and somedays outside! These death rates are just the beginning.
Your "couple of days" could drop your investment 2000 points. There is good reason to think next week will be not any better, and that includes the fact your assessment of very low death rate did not stop the all. (The actual problem China can't ship product so businesses can't sell stuff to Americans and everyone and make profits!). When China can get in back business, a few months later can make profits. That time has not started the clock that means in a few months later we can be back in business. (Maybe, if as long everyone in the USA is NOT sick.)
The problem is that although the death rate is low compared to sars or mers or ebola, which were about 7 in 10 and the numbers that died were relatively small because it was obvious, it is higher than the seasonal flu that kills millions each year and it also transmits while the infected are still asymptomatic. The seasonal flu death rate is about 1 in 1000 while the corona virus rate is about 1 in 150, so if it becomes as widespread as seasonal flu, it's going to be significant. Let's hope science can help.
The dems and lefties are rooting for more deaths so they can gain political power. This is clear. Communists value power over all things. Human life is just an inconvenient obstacle. Stalin, Mao, Pol Pot,.Castro, etc....the historical examples are numerous.
The thing is that it will not because we are already exiting flu season. I already see people wearing t-shirts and skirts where I am as it is getting warmer. I read that in Los Angeles some kind of weather event had temperature in the 80’s. Flu-like viruses die in that kind of heat, so all of LA (outdoors anyway) might be considered sterilized for these kinds of viruses.
No. But if you say, Obama deserves credit for rise in markets, it follows that Obama deserves blame in a fall in markets too.
Temperature in Bahrain is over 80 and there have been many cases. Flu season is nearly over but this virus is not that similar to flu. No one knows enough about the virus yet. On another note,the day you created your zero American deaths graph, an American died. Just for the record I am also skeptical about the seriousness of this virus. I'm seen this sort of reporting time and time again. In past cases suddenly a vaccine or antiviral drug is on sale making a lot of money for companies. Odd that the latest antiviral drug being tested is the drug that was supposed to be final answer for Ebola treatment and loads of money was spent by governments buying it to stockpile and it turned out to be no more effective than existing drugs. Same with swine flu treatment where the British government bought billions of pounds worth of the drug which had a shelf life of 3 years and never used. It was bought after the disease went away
You don't know how many infected individuals there are, so you cant calculate a death rate. Additionally CDC stats lump flu and pneumonia deaths into the same category. Most pneumonia is not influenza virus
We have survived mad cow disease, and we’ll survive coronavirus. As Rushbo would say it - do not doubt me.
The action in today's markets is a direct result of not allowing the banks to liquidate in 2008, then pumping them up with Trillions upon Trillions in Fed money, with years of ZIRP, suspension of mark to market, GAAP accounting rules and elimination of reserve ratios for the biggest traders
The markets rose an average of 12% per year while Obama was in office. But if they had dropped, Obama should have shouldered some of the blame. Of course, Trump will blame everyone else, cause that is how Trump handles bad news. He is a child.
The action in today’s market is a direct result of big institutional traders having to answered to their investors if they ignore long term supply issues and market analysis-like Goldman Sachs declaring that there will be zero growth next year.
"Maybe, if as long everyone in the USA is NOT sick." Now we are all going to get infected? AGGGGHHHH! Run Run! I'm OK with my investment choices. But thanks for the input.