Here comes the pain

[ET180]

I bet many of those 80+ folks would die within a year anyway of some other cause
so most likely marginal increase in deaths not so big

I agree with that statement. It's morbid and sad, but this virus could help fix social security and medicare.

 

[Same Lazy Element]

It's morbid and sad, but this virus could help fix social security and medicare.

 

[SanMiguel]

I agree with that statement. It's morbid and sad, but this virus could help fix social security and medicare.

https://www.vox.com/platform/amp/sc...992/coronavirus-covid-19-flu-comparison-chart

Fix? Not with 20% hospitalisation rate.

 

[easymon1]

Look for ways to earn

 

[ElCubano]

Don't see why everyone has to try and pick the bottom. With all the recession talk, even if you do, and get a multi day bounce, we're probably just going down again.
Personally, I can't see a big bounce without some good news. We've had all the central bank news, which hasn't had an effect yet, will take a while to filter through. Other than that you need one of:
Vaccine
Curve under control
Society restrictions being eased
Etc

We will work our way up the wall of worry before any of the above takes place.

 

[ElCubano]

It will not be a treatment that swings the market, but actual data.

The U.S. loses ~30,000 lives annually to influenza in the average year. (It's between 20k and 55K in recent years, with the mean closer to the bottom.) Over a five month flu season, that's nearly 200 souls lost per day. And nobody so much as gives a cough about it.

Today, CoVID-19 recorded its 200th death in the U.S., since January 1.
In that time, ~15,500 deaths from the flu.

Again, it won't be a treatment that swings the market, but common sense.

i agree. The perception of what may happen to what is actually happening is wreaking havoc. Panic stretches much further than greed though.

 

[orbit23]

This is a buying signal. Thank you for your sacrifice.

 

[vanzandt]

It will not be a treatment that swings the market, but actual data.

The U.S. loses ~30,000 lives annually to influenza in the average year. (It's between 20k and 55K in recent years, with the mean closer to the bottom.) Over a five month flu season, that's nearly 200 souls lost per day. And nobody so much as gives a cough about it.

Today, CoVID-19 recorded its 200th death in the U.S., since January 1.
In that time, ~15,500 deaths from the flu.

.

There's one thing however that many forget when looking at those numbers... there's a vaccine for the flu.
No opinion, but time will tell. This stuff is new to our shores.

 

[tommcginnis]

There's one thing however that many forget when looking at those numbers... there's a vaccine for the flu.
No opinion, but time will tell. This stuff is new to our shores.

Good point, Z -- not only does the influenza milieu to which we've become inured kill thousands and thousands more than CoVID-19 every single year, but on top of that, 1/3 to 1/2 of the population is actually *vaccinated* against it! Thanks, Z-man.


["Wait. I don't think that is the point he wished you to take away..." Nonetheless....]

 

[FriskyCat]

This is a buying signal. Thank you for your sacrifice.

"Buy signals" the whole way down.