Incredible how even after carnage, you can have more carnage

Amun Ra said:
It's insane. The markets are WAY over reacting. Worst case scenario, everyone in the US gets covid-19 and 1% of the population dies or 3.3 million people(most of them very old, retired and were probably going to die within a few years anyway) How will those 1% really affect the economy? Certainly not the near 30% the market is already priced in for.
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You're missing the point.
Again, it's not about dying but catching the disease and/or passing it on. It kills old people and the immunodeficient. What if you catch it, pass it on and it ends up killing a family member? Are you completely okay with it?
Even if not, would you want to suffer through it in some overcrowded hospital ward for weeks?

Result is that people will avoid crowded areas. Would you be able to relax on a ship cruise with the current situation? Probably not. So why would you take the cruise in the first place?
 
d08 said:
You're missing the point.
Again, it's not about dying but catching the disease and/or passing it on. It kills old people and the immunodeficient. What if you catch it, pass it on and it ends up killing a family member? Are you completely okay with it?
Even if not, would you want to suffer through it in some overcrowded hospital ward for weeks?

Result is that people will avoid crowded areas. Would you be able to relax on a ship cruise with the current situation? Probably not. So why would you take the cruise in the first place?
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No, I don't want anyone to die, but the fact is, we all do die. We die of disease, we die in car crashes, we die from eating too much fast food, and we die many other things

But do we stop driving cars? Stop eating junk food? I don't want to get anyone sick, but this genie is already out of the bottle. What is the ramifications of the entire country not working for a month? Food shortages? Homelessness? This cure may be much worse than the disease in this case.
 
Amun Ra said:
No, I don't want anyone to die, but the fact is, we all do die. We die of disease, we die in car crashes, we die from eating too much fast food, and we die many other things

But do we stop driving cars? Stop eating junk food? I don't want to get anyone sick, but this genie is already out of the bottle. What is the ramifications of the entire country not working for a month? Food shortages? Homelessness? This cure may be much worse than the disease in this case.
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Well, this is on top of everything else. And you keep talking about yourself, as if that is the only concern. You can pass it onto older relatives for example.
The reality is that if everyone is sick, the countries will stop anyway. So taking precautions makes a lot of sense from any aspect.
 
d08 said:
Well, this is on top of everything else. And you keep talking about yourself, as if that is the only concern. You can pass it onto older relatives for example.
The reality is that if everyone is sick, the countries will stop anyway. So taking precautions makes a lot of sense from any aspect.
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No countries wont stop. In 2017 20 million Americans went to the hospital for flu. Over 800,000 were hospitalized and more than 60,000 died. Did we hear daily news stories about that? Did the economy stop or did it keep on roaring to record levels?

Don't buy into the fear.
 
This is definitely different, according to epidemiologists. Both the panic and reality of high mortality has butterfly effect that disrupts life.

People will be in defense mode, living in fear, spending less til year's end.

But on the flip side, it's perfect timing to stay housebound and trade the markets. :p
 
Turveyd said:
Money is never lost or won, merely moved currently out of the markets very quickly, everyone is selling and going cash to sit this out, as nobody knows how bad it's going to get.

Expect dow to take out 20,000 tomorrow my 20k target 2 weeks early go be honest i was thinking 16k but thought they'd think i was stupid as someone did with 20k.

Longer term maybe down to 12k even.

The buy the dip callers i guess all wiped out as they've shut up i guess?
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Money is never in the market to begin with. Just shares and/or contracts.

Buy a stock from someone else. They have the money, not the market. Sure if they in turn buy another stock with that money it goes back in .... to someone else's pocket. Rinse repeat.
 
Amun Ra said:
Don't buy into the fear.
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Except CV 19 is ten times more deadly. Alarm is needed to stop the spread and seems the best way to do that (like China did) is to not allow gatherings, big and small. Such as on airplanes, sports arenas and especially cruise ships lol.
 
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