So how deep the recession will be?

[dozu888]

I agree. Maybe we should quarantine those who are at risk and let everyone else go about their business, 80% of cases are mild that increases the healthier you are. You catch it you roll with the punches. People die everyday stepping outside and even inside their homes for a myriad of reasons.

if basic precautions are taken, it will just be another swine flu.... we are not Italy where people go around kiss each other on the face.. the US population density is far less.

all this panic - imagine how many people die from depression alcohol drug abuse.... numbers will far exceed what the lock downs could save from corona.

 

[Turveyd]

UK ordering car makers, weapons makers to make ventilators and make shift hospitals, got 5000 need 1million if they can slow it enough, 2million if they can't.

 

[Real Money]

low resolution thinking...

Low resolution thinking....right. You keep talking deaths in the midst of unprecedented economic measures that only have historic precedent during war times. Trump banned travel from UK, EU, and Ireland to the United States.

You were dead wrong when you called a collapse in the forward earnings / notes yield spread.
You are the one that called DOW 40k, SPY 400, and AAPL $1000.

Your calls are so bad it's laughable. You claim to manage millions in equity risk and yet never talk about actually managing any risk. Your telling ET you are 100% long equities and didn't even bother to manage your delta during the greatest equities market rout in history.

Here is a list of global indices. The losses are monumental. US small cap is getting liquidated. Hmmmm, wonder why. There are hundreds of weak and indebted companies that are about to go bust. EU is beyond a monetary policy remedy. LOL get a clue!

 

[dozu888]

Low resolution thinking....right. You keep talking deaths in the midst of unprecedented economic measures that only have historic precedent during war times. Trump banned travel from UK, EU, and Ireland to the United States.

You were dead wrong when you called a collapse in the forward earnings / notes yield spread.
You are the one that called DOW 40k, SPY 400, and AAPL $1000.

Your calls are so bad it's laughable. You claim to manage millions in equity risk and yet never talk about actually managing any risk. Your telling ET you are 100% long equities and didn't even bother to manage your delta during the greatest equities market rout in history.

Here is a list of global indices. The losses are monumental. US small cap is getting liquidated. Hmmmm, wonder why. There are hundreds of weak and indebted companies that are about to go bust. EU is beyond a monetary policy remedy. LOL get a clue!

View attachment 222184

dead wrong how, by a couple of weeks... more proof of your low resolution.

 

[Turveyd]

Nothing to argue over soon, I suspect all Markets and Trading will be suspended to focus on trying to keep as many people alive as possible.

Apple, won't be making phones they'll be making parts which are needed for Ventilators and pretty much everyone else.

WE ARE AT WAR with a deadly virus, which is going to cause, food shortages, looting, chaos and expect power / land grabbing so yes likely some pretty nasty wars, russia will wait till the world is at it's weakest and expand it's borders.

2020 and likely 2021 is going to suck, stop burying head in the sand and accept this.

 

[Real Money]

Apple, won't be making phones they'll be making parts which are needed for Ventilators and pretty much everyone else.

Apple Temporarily Closes Retail Stores Worldwide to Fight Coronavirus

https://time.com/5803159/apple-store-closed-coronavirus/

Closing all retail stores globally for 2 weeks.......wow.

 

[Cuddles]

Apple Temporarily Closes Retail Stores Worldwide to Fight Coronavirus

https://time.com/5803159/apple-store-closed-coronavirus/

Closing all retail stores globally for 2 weeks.......wow.

suddenly not feeling too bad I dumped before the rally


For those wondering, expect 1-2 months more of Corona chaos.

China took 1.5 months to stabilize the numbers (after 1st 500) w/aggressive quarantine
S. Korea took 1 month to stabilize the numbers (after 1st 500) w/aggressive testing

Italy & Iran are with no end in sight a month in (after 1st 500). Spain, Germany, and France are getting hit hard.

Of the above, the closest population density to ours is Iran & Spain, although our metropolis likely have similar density to China & S.Korea

 

[Turveyd]

suddenly not feeling too bad I dumped before the rally


For those wondering, expect 1-2 months more of Corona chaos.

China took 1.5 months to stabilize the numbers (after 1st 500) w/aggressive quarantine
S. Korea took 1 month to stabilize the numbers (after 1st 500) w/aggressive testing

Italy & Iran are with no end in sight a month in (after 1st 500). Spain, Germany, and France are getting hit hard.

Of the above, the closest population density to ours is Iran & Spain, although our metropolis likely have similar density to China & S.Korea

6 - 9 months, 1 - 2 months is too short a time period.

Watch what happens, when they drop the lock downs, it'll repeat all over again, they've bought themselves some time and hopefully they'll use that time to make hospital beds and ventilators, sooner or later we've got to let this thing burn out and the world to become immune to it by all getting it.

Sooner we all get it, the sooner the survivors can go back to normal ish!!

 

[tradermarkets]

people have no pay check for 2 months
yeah so they spend less. GDP off course is down.
some companies could go bankrupt of they have no cash pay rent and force to close.
you have rent to pay, interest in loans to pay..business is shut down for 2 months it's a huge loss of income or GDP in the macro level if qaurantine or shutting down of events., you might as well shut down bus system as bus are empty. and tempy planes empty taxis.. factories are closed.
the gov't is losing billions in loss tax revenue too. but interest has to pay be on debt.
most business are surving on 3 months of cash only. and credit lines. now if the credit lines are used up. they cannot pay employees etc.

 

[Cuddles]

people have no pay check for 2 months
yeah so they spend less. GDP off course is down.
some companies could go bankrupt of they have no cash pay rent and force to close.
you have rent to pay, interest in loans to pay..business is shut down for 2 months it's a huge loss of income or GDP in the macro level if qaurantine or shutting down of events., you might as well shut down bus system as bus are empty. and tempy planes empty taxis.. factories are closed.
the gov't is losing billions in loss tax revenue too. but interest has to pay be on debt.