Let me put it this way. Under the Presidential leadership of Donald Trump we are hearing that most of us can be can be back to work by Easter, and that our churches will be filled with happy people again.
Besides being pure BS, it' is also disgraceful.
I live in the state of New York, where there today are over 25,000 citizens infected with the virus If you want to hear what Presidential leadership should sound like, listen to the Daily Press Briefing's by New York Governor Andrew Cuomo. He is a real leader,who' understands the gravity of the moment.
This is not a political endorsement, in any manner. It is also not trading advise. Rather it's simply a prediction.
By the end of this year, our current President will find himself in the unemployment line, and our country,the economy,and the stock market,will have gone down the proverbial tubes.
We are in the midst of a health and economic crisis that will only end,when enough people say with their vote, that we are being led by a con man.
Really!!!! JESUS H DO THE MATH....the numbers dont add up... we have had 22,000 dead this yr from normal flu... Many many people I know had this virus in nov-jan... yeah they got sick.. is this the standard going forward? My business and many other businesses are already destroyed...Look up the market ticker...he does numbers...read and watch his podcasts for gods sake..quit the f...ing fear chatter
The_Real_AMF
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@johnroleson, unfortunately a financial response to a pandemic doesnt really cut it. Did those people get tested? How do you know? I know many businesses hurting, too, and I know as many, if not more, doctors, nurses, and physicians who are scared to death working on the front line while we get to stay home and drinking and trading. Maybe you can volunteer to be in the ward treating these patients, then? My guess is no, because 1. you dont have the qualifications , and 2. you dont care to.
jonathanwynparry
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@johnroleson, you can add my name to the people you know who had the mother of all flu in January - in bed for three days with fever, dry cough, shortness of breath and muscle aches. The administration attempted to hide CV in the flu numbers, hence I suspect the additional 10,000 people that have died were CV casualties which is consistent with the ratio of deaths and CV cases in Italy. Everything is local, in Texas #1 you only get a test if you have travelled to an infected area and until last week you are a first responder, the numbers mainly reflect those who were already in hospital so we are looking back three weeks with the current numbers, #2 the growth rate is 50%+ with yesterday being 80%. My hunch, CV progression will be done in the major cities in Texas by the time we open up again in three weeks; and we are being asked to stay home so that we can care for the people in our household that are ill.
Helieboy
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@johnroleson, aaaah, the ignorance and comparison with the normal flu, really like it, keep up the fairy tale mate! Only time will tell...
forreal
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@johnroleson, sorry to hear about your business. that's bad news and must be a very hard time. It's legitimate to as the question if this is different to the flu because if it is the same as the flu then it wouldn't make sense to react in this way. But the data suggests this is much worse than the flu. The rate at which it develops into a serious disease is a lot higher than the flu as is the death rate. The numbers you are quoting for COVID-19 are confirmed cases and not actual cases. The criteria for counting the flu is a lot broader. The data suggests the impact is a lot works and that these measures are justified despite the effect on the economy. The longer you wait to react, the worse it gets and the impact on the economy will be worse. Hospitals and the medical system will not be able to cope. Here are some articles to consider this question a little bit more before concluding:
abc.net.au/news/health/2020-03-20/how-coronavirus-covid-19-compares-to-flu/12073696 livescience.com/new-coronavirus-compare-with-flu.html
CTLG
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Lol. You are entitled to your opinion. If the economy shuts down more and more people will die and lose their jobs. However, I would hope they have it relatively under control before opening the economy. Trump just offered his opinion but said he will defer to the experts.
I am not sure why all the hate against Trump. He is not perfect. Who is? Personally I think he is a blessing to this country, america. Democrats want to turn america to a dumbed down country being run over by globalists. They are only interested in power and control over people's lives, having people dependent on them. The democratic party is headed towards socialism. That was not how this country was built. Democrat policies are just pure evil. I will be voting for the first time this year and I will be voting for Donald Trump.
@CTLG, Wow... And what do you think about the socialist check you will get from this? Aditionally, What do you think of a 100 yrs back in comerce policy?
This crash is not only by the desease, other two factors are overpriced stocks thanks to QE and the effects of traiffs wars. Guess who is the one to blame about the last one...
AureliusCrypto
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You’re an idiot. I’m sorry I followed someone so ignorant....you should have stuck to investments....I’m not here to hear you spew crap you have no understanding of. You are just a full moron!
The_Real_AMF
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@Alltherage, Ignorant people will never be able to rationalize a thought other than their own, let alone one that directly goes against every idea in their small mind. Exactly what are you "refuting" or arguing against, here? You spew venom and yet offer no critical discussion of anything relevant. DOnald is a moron, people are dieing and more will die, the market will crash, a revolution is coming, and it seems like you will be caught underfoot......again.