Yes, nobody would notice because the people dying had massive health problems and would likely have died this year anyway.
And no...CV mortality is not 3-4%.
We just witnessed the Biggest Drop in History
- Thread starter NY_HOOD
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Yes, nobody would notice because the people dying had massive health problems and would likely have died this year anyway.
And no...CV mortality is not 3-4%.
Gay porn sites must be running slow on your little laptop, eh cupcake?
The death rate is in addition to all those dieing of influenza, etc. Would you be saying this if you had at risk members in your family or friends? Is it acceptable to let them die off or do something to reduce the spread and contain it so that resources in hospitals can cope?
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CV mortality at this time is 7.8% if using the formula=(dead/(dead+recovered)); it is 3.8% if using the less accurate (dead/(all cases)).
The true number will likely be much less as testing improves, but let's not dismiss the gravity of the situation.
Many states in the US started mandatory shutdown today. All restaurants, pubs, and public establishments will be closed for like weeks. As they say, when Americans cough, the world catches a cold (no pun intended).
Sure, but this is not what Trump has been claiming all along (really, it's in his tweet history). So while you're right in objective reality with most of your paragraph you're failing to acknowledge Trump's twisted self image as stock market rocket ship creator crumbling, which is what the quoted post is about.
The bottom is going to be violent with puke making swings, it always is in bear country. That being said if you can hold for a while, don’t leverage you could be in the midst of one hell of a buying opportunity. Nibble and wait for confirmation from a hedge fund imploding , lay-off etc. then back it up. Look back it’s never failed. Peace.
Not quite the case here, european stock markets have been hit harder than americans´but so have Europeans' social lives and economies by the coronavirus.
ESTX50 is down 37% in 1 month, that´s harsh
I´m long a bunch of markets in a buy and hold portfolio and mtm I´m down several mil (haven´t checked total portfolio value in a while, might give it a go later this week, that´s gonna be ugly), but what gets me most upset is the lockdown. Personal freedom already limited here thrown out of the window for a suspicious greater good.
Here in Madrid one can still buy booze and cigarettes but not meet a friend or even do a jogging alone in a park (it seems it is tolerated even in italy). Found a MMA/Muay thai coach who accepted to give Junior and myself daily private classes behind closed doors during that time but a neighbor came and complained at the gym today. Coach is now understandably afraid as he risks up to 600k euros fine.
We could easily train in the residence´s park but again neighbours might cause issues, plus the gov has recommended residences to close all public areas like gardens and parks (ours is still open) Wished we were in the UK right now, not really afraid of the virus.
Wish you guys to avoid quarantine, that would a the step above America`s current coughing
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For the first time ever:
• The S&P 500 Index SPX, -11.98% fell from a 52-week high to a 52-week low in less than three weeks.
• The Bloomberg Barclays U.S. Corporate Bond Index lost more than 7% in a week.
• The New York Stock Exchange suffered its most intense cluster of 90% down days (where 90% or more of NYSE-traded stocks closed lower for the day).
• S&P 500 (cash and futures) hit the circuit breaker and triggered a trading halt four times.
• The Nasdaq Composite Index COMP, -12.32% suffered its largest one-day percentage decline ever.
• Toilet paper is worth more than a Kardashian autograph.
Other notable mentions:
• The S&P 500 gained or lost more than 4% every day of the week (for the first time since 1929).
• Some 75% of NYSE-traded stocks fell to 52-week lows (second-highest ever).
• The VIX VIX, +42.98% spiked to the third-highest level ever.
https://www.marketwatch.com/story/t...-into-a-monster-2020-03-16?mod=article_inline
• The S&P 500 Index SPX, -11.98% fell from a 52-week high to a 52-week low in less than three weeks.
• The Bloomberg Barclays U.S. Corporate Bond Index lost more than 7% in a week.
• The New York Stock Exchange suffered its most intense cluster of 90% down days (where 90% or more of NYSE-traded stocks closed lower for the day).
• S&P 500 (cash and futures) hit the circuit breaker and triggered a trading halt four times.
• The Nasdaq Composite Index COMP, -12.32% suffered its largest one-day percentage decline ever.
• Toilet paper is worth more than a Kardashian autograph.
Other notable mentions:
• The S&P 500 gained or lost more than 4% every day of the week (for the first time since 1929).
• Some 75% of NYSE-traded stocks fell to 52-week lows (second-highest ever).
• The VIX VIX, +42.98% spiked to the third-highest level ever.
https://www.marketwatch.com/story/t...-into-a-monster-2020-03-16?mod=article_inline
Everybody dies eventually and just because there is a new flu going on doesn't mean the world has to stop.
Let me ask you. 1.25 million die in car crashes each year. Aren't you afraid for your family members to be on the road? Is it acceptable to let them die off, or should we stop driving cars?
I can literally do this example with anything that kills people every year. Eating junk food, swimming, drinking beer, ect.
If you personally want to be safe, then I say you should be free to box yourself in away from the world. Let the rest of us "take our chances" driving cars, swimming in the ocean, drinking soft drinks....and yeah, eating at crowded restaurants.