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    USA COVID-19 tracking thread

    Interesting charts to look at 14 days later. What a different world.
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    Lost (MORE!?!?) in options?

    If you listed the ticker, the exact option you bought and the date you bought and sold the option this question could be answered in 10 seconds.
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    Buffet Selling DAL and LUV blocks.

    He bought back in in 2015 or 2016 after there was a wave of consolidation that curtailed capacity.
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    Buffet Selling DAL and LUV blocks.

    Well. He might be selling to be less than 10percent for some regulatory reason (like if a bailout will affect owners >10percent or something), or he’s selling out which is a bad sign because typically they would be buying at today’s price for cashflow in 2024.
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    Experts tell White House coronavirus can spread through talking or even breathing

    The governor of Georgia will cite this study three months from now.
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    Yeah. And after they announced it, they’ve been tweaking it as they find loopholes.
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    Approval process hasn’t been set up for for paycheck protection plan. But I suspect approval process will be easy. It’s a pretty smart program.
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    Ken Griffin's virus plan now includes an emergency trading bunker in Florida

    In my current seat now is A LOT scarier than in my seat back then when the Great Recession felt more like a video game.
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    Ken Griffin's virus plan now includes an emergency trading bunker in Florida

    in fact in 2008, they had to fast track charters to Goldman and Morgan Stanley so that they could borrow from the Fed window.
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    I don’t know how they are approved as the SBA hasn’t started doing approvals and banks aren’t sure how to process the applications. Applications came out yesterday. Unless you are talking about the disaster loans: the first 10k is automatic, but the rest requires a review and it’s unclear when...
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    So to be clear: you understand the death toll relationship to the hospital capacity. And you understand that this virus spreads fast and easily. And you are still advocating that this isn’t a big deal. Social distancing earlier would have helped a lot. But you and a few others (people who...
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    I don’t think it was an attempt at satire. Satire is a highly sophisticated form of communication - I doubt the poster has that level of IQ.
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    So I’m actually applying for these loans in order to protect a few hundred jobs. I’ve been studying it. The offering is being refined virtually very few hours to enhance the impact and intent of the program. There might be some fraud. There always is, but I think it will keep 10s of millions...
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    That is a legitimate debatable point. Do we accept occasional times like the Great Recession and the economic fallout of COVID in order to have a much higher standard of living the other 10 years; or do we accept a lower standard of living and have fewer blowups?
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    WRK is a different company If you bought WeWork pre-ipo you’ve lost 80percent of your money before COVID!
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    This is the end. We are witnessing collapse of the global economy

    Same guys voted for trump because he supported gun rights, and then stopped buying guns: nearly bankrupting the industry.
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    The government stimulus programs are doing the right thing. To avoid lines at the unemployment office they are giving companies money to keep their people on their payrolls. It's pretty ingenious and while the plan details have been volatile over the last few days, its seems very well thought...
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    Ken Griffin's virus plan now includes an emergency trading bunker in Florida

    Well I think it’s a 5 star hotel. But I would argue that citadel securities (this is the market making arm) is an essential business as they provide liquidity in a market that has dried up a lot.
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    Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

    Again you are missing the point. Comparing to the total population means recognizing that shutting the entire economy was the only reason the death rate is .0216percent of the population. The flu is the same but we don’t have to shut down the economy to achieve the same death toll as COVID-19...
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