29 minutes ago: Coronavirus finally levels off in locations outside China

[ironchef]

the power of adequate healthcare, being an Island, competent leadership, & proactive response.

For a moment I thought you were talking about the USA...

 

[dozu888]

Past 24 hours China had 32 cases new. It’s over

Korea has also peaked and is on the way down.

the pattern is clear. Just another flu.

 

[Cuddles]

Past 24 hours China had 32 cases new. It’s over

Korea has also peaked and is on the way down.

the pattern is clear. Just another flu.

 

[dozu888]

View attachment 221695

idiot so what. Draw a chart for the 2018 flu. Number is much bigger.

 

[MattZ]

on one hand my boys will shake and this is a perfect excuse and if not corona they could have come up with something else, and they did with oil lol.... them boys never fail.

I agree with you. The market always needs a catalyst to shake out all the euphoric investors.
This is a perfect excuse to shake weak hands in an environment where it is hard to quantify the damage while it's still ongoing and evolving. In the eyes of an average investor, it makes every drop "legit".

The catalyst that causes such pain is always a new risk factor for the market. No one spoke about it before, no one understands the full implications and the fight between "its exaggerated" and "it's real" creates this volatility.

Thank you again for your perspective and lengthy post. I respect how you took a cold approach to quantify what is real damage versus perceived damage to the economy.

 

[athlonmank8]

Viruses don't compound infinitely any more than sub-par traders do...especially in our age of quarantines and real-time updates. China's rates have tapered off since 2/14. There's no reason to expect it will continue growing at some exponential rate in other countries if it's been slowing down in China.

No wonder so many people (especially traders) are gullible...

For now. You understand that it's being imported back into China the same way it left China right? It's coming full circle. The virus isnt going to be nearly as bad as the panic that's going to come.

 

[athlonmank8]

idiot so what. Draw a chart for the 2018 flu. Number is much bigger.

Its headed right back into China .....It's not done yet

 

[Dazz]

world annual flu death - 400,000
corona death - 4,000

PEOPLE ARE F'CKING MORONS.

I agree - as a threat it is trivial mathematically speaking; on aver 3,287 people die everyday on in car crashes; any one worried about that?

 

[Pekelo]

400,000 vs. 4,000

PEOPLE ARE MORONS.

They are, starting with you. You said annual death, why don't you give it TIME? Let's check back by November if Corona killed more than the annual flu, shall we? Not to mention it isn't just the death rate but the severity of the flu, you moron.

Long incubation+ severity+ not enough hospital beds/equipment=e economy failing.

 

[Pekelo]

I agree - as a threat it is trivial mathematically speaking; on aver 3,287 people die everyday on in car crashes; any one worried about that?

Give it time. If by November 3000 people will die everyday of corona, will you start to worry?

The difference is, car death doesn't grow exponentially, and you can make precautions. Against a well spread virus the only precaution is staying home.