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Coronavirus will wipe out corporate profit growth in 2020 and may trigger recession: Goldman Sachs
Yahoo Finance ^ | February 27, 2020 | Brian Sozzi

Posted on 02/27/2020 7:59:18 AM PST by ProtectOurFreedom

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To: bigdaddy45
They didn’t create it.

Given what we have learned about the Deep State the past three years, would you really put this past them? I’m not one given to conspiracy theories, but this is remarkable coincidental. And, with the DS, there are no coincidences. Especially related to Donald Trump in an election year.

41 posted on 02/27/2020 8:17:19 AM PST by ProtectOurFreedom
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To: ProtectOurFreedom
“Our reduced profit forecasts reflect the severe decline in Chinese economic activity in 1Q, lower end-demand for US exporters, disruption to the supply chain for many US firms, a slowdown in US economic activity, and elevated business uncertainty,” wrote Goldman strategist David Kostin.

It's gonna get worse...

42 posted on 02/27/2020 8:17:30 AM PST by GOPJ ( http://www.tinyurl.com/cvirusmap https://www.cdc.gov/flu/weekly/usmap.htm)
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To: ProtectOurFreedom
FATHER GOD, In the Name of JESUS, we declare that the plans of DEEP STATE and fear of the CORONAVIRUS will not uproot America's economy. Your Will be done on earth as it is in heaven, LORD.

We stand in agreement with Your Mighty PROMISES on behalf of PRESIDENT TRUMP and AMERICA:

In JESUS' Name we pray. AMEN.

43 posted on 02/27/2020 8:17:59 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord. (Psalm 32:12))
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To: ProtectOurFreedom

We haven’t even had any layoffs of note. There is a lot of carnage that could come from this crisis, but maybe it is a good time to read the tea leaves and get in too. I was one of those that got out at S&P 3150 before the China trade deal Phase I. It has been painful to watch it go up to near 3400, but now things look good again.


44 posted on 02/27/2020 8:18:26 AM PST by Religion and Politics (It is time for more than one denomination of "Political Correctness".)
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To: pepsionice

I just don’t see where you are going to get the production machinery and trained workforce in that short amount of time.


45 posted on 02/27/2020 8:18:40 AM PST by ProtectOurFreedom
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To: ProtectOurFreedom

DUmocrats are actively using the virus to tank the economy to affect the outcome of an election.

46 posted on 02/27/2020 8:22:53 AM PST by RasterMaster ("Towering genius disdains a beaten path." - Abraham Lincoln)
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To: ProtectOurFreedom

Well, the good news is that we are not in a recession until there have been two down quarters, so once the election is inside a six month window, we can’t have a recession before the election. :)


47 posted on 02/27/2020 8:23:05 AM PST by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: ProtectOurFreedom

Do not feel alone. I did a hind cast once on market signals for timing the market as suggested by some soothsayer. It didn’t work.

I believe there are many, like goldman sucks, who are working very hard to parlay this into a panic to destroy Trump. Impeachment failed and this is the next opportunity that has fallen into their lap to use against him.

The problem with the market’s reaction to events is the plunge followed by the grueling climb back out of the pit and calling that return to the mean “growth”. It isn’t. Recovering ground you have already taken is less than inefficient. It is a slogging wearing down. Fear is a much bigger motivator to action than hope.

Besides, selling out at the peak would have resulted in massive capital gains leaving me with the same amount of asset and less money to grow when things get better than I have now.


48 posted on 02/27/2020 8:23:45 AM PST by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: janetjanet998

“...we were focusing on the insane response from China and screaming for to Western world and Trump to get ahead of it....too late now...”

that’s is Chicken Little Shiite not facts


49 posted on 02/27/2020 8:23:47 AM PST by FreedomNotSafety
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To: ProtectOurFreedom

Yeah, i’m pretty sure the deep state didn’t create a respiratory virus, and plant it in Wuhan China in the expectation it would kill thousands of people and tank the global economy. Please tell me you don’t honestly believe something this stupid.


50 posted on 02/27/2020 8:25:30 AM PST by bigdaddy45
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To: ProtectOurFreedom

This Coronavirus will not live up to the Doom and Gloom many on this site desperately desire.

Just like influenza, this will begin tapering off in the next month or so.


51 posted on 02/27/2020 8:26:06 AM PST by Artcore (Trump 2020!)
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To: RatRipper

If the deep state is all powerful enough to create some deadly virus, why plant it in China? Why not just plant it here? We don’t even a have a problem yet.

Geez, the stupid. It burns.


52 posted on 02/27/2020 8:27:33 AM PST by bigdaddy45
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To: Alas Babylon!

If people want to know the real reason that the infected in China had such a drastic resounse, read this:

https://www.ncbi.nlm.nih.gov/pubmed/22536382

People who received the vaccine for SARS-CoV in 2002 were left susceptible to a massive over response after re-infection.

The SARs epidemic in 2002 was caused by a CoronaVirus. That virus is a cousin to the current CoronaVirus COVID-19


53 posted on 02/27/2020 8:28:38 AM PST by phs3 (MAGA - Winning a little more every day!!!)
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To: ProtectOurFreedom

More like a black turkey. One of the things that will come out of this is moving some of the critical supplies back to the US. This thing has shown everyone our vulnerability and we need to fix that.


54 posted on 02/27/2020 8:28:43 AM PST by McGavin999 (Queen Fancy Nancy Of North Poopistan)
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To: FlipWilson
Funny how this thing got so serious so fast, once impeachment ended.

Well.. We knew the Left was wishing for an economic collapse so they could blame President Trump.
We need to pray pray pray to counter their Satanic conscienceness.
55 posted on 02/27/2020 8:33:45 AM PST by DivineMomentsOfTruth ("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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To: ProtectOurFreedom

Goldman Sachs is manipulative deep state. They will get some short term gain out of this, but long term no.


56 posted on 02/27/2020 8:36:17 AM PST by PhiloBedo (You gotta roll with the punches, and get with what's real.)
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To: bigdaddy45

Never let a crisis go to waste.


57 posted on 02/27/2020 8:36:46 AM PST by Rebelbase
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To: bigdaddy45; janetjanet998; NELSON111

“Not everything is about politics. But of course, some in here will never believe that.”

Everything is about politics and if you don’t believe that you probably never will.


58 posted on 02/27/2020 8:37:47 AM PST by Fairhairedboy (MAGA)
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To: backwoods-engineer
Of course. It was the next plan to “get Trump.” Would not surprise me if Deep State / Demonrat Axis colluded with Chinese Communists to make it happen.

That was the first thing that crossed my mind.. Enemies within colluding with our enemies abroad. They always have and always will.
59 posted on 02/27/2020 8:39:35 AM PST by DivineMomentsOfTruth ("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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To: janetjanet998

FR is devolving into the ‘take it seriously’ and ‘it’s no big deal’ camps.

Reminds me of the Buchanan and Rudy wars so long ago.


60 posted on 02/27/2020 8:42:19 AM PST by Rebelbase
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