Sweet! Put them all on the list along with SARS, MERS, etc. Tragic for those directly impacted, no question, but in terms of global markets - any impact is minor and fleeting.
Figure out what your goal is. Do you want to be delta neutral? Some kind of partial hedge? The possibilities are endless. Sell futures, sell calls, buy puts, etc. etc. against your position. Or just reduce your size :)
Who is rich?
So far as I can tell, the definition is almost always "anyone with more than me." The higher income brackets already pay disproportionate amount of the total tax burden (relative to share of income) - which is to be expected, but there are limits to how far this can be pushed.
I think it's impractical and unlikely to happen in any kind of real world sense.
The idea has merit IF (1) it were implemented in a truly universal way: EVERYONE gets it; (2) it REPLACES the giant morass of all other social services.
If it works, why are you sharing it here? You do realize once a strategy is known, the edge is gone, right? Why not let it print money while you relax on a beach or whatever you do for fun?
OK thanks Fed. Sure it looks overbought by many measures. But guess what? It could double (or more) again from here. Key is to be adaptable and recognize that the future won't look like the past.
Your buddy can't be real... can he?! Wow. More like a guaranteed loss. I suppose it only takes a few suckers like that to make all the website promotion etc. worthwhile.
I remember that.
I also remember the early 2000's when MCD traded down toward $10. It was going out of business because everyone was going to start eating healthy :)