Posted on 03/12/2020 10:32:15 AM PDT by Mariner
LT is out today.
Yesterday's thread is here:
http://freerepublic.com/focus/chat/3823556/posts?page=1
NBA suspended
NASCAR will race next two races without fans https://twitter.com/NASCAR/status/1238156124727238657
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Breaking: The following conferences have canceled their men’s basketball tournaments because of the coronavirus.
SEC
ACC
Big Ten
Big 12
Pac-12
https://twitter.com/SportsCenter/status/1238137477719826432
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Sports Illustrated
@SInow
Major League Baseball is reportedly joining the NBA in suspending all operations due to the coronavirus outbreak
https://twitter.com/SInow/status/1238154728334376960
Market support.
I didn’t catch NASCAR—not sure...
Major League Baseball will suspend spring training and all operations in response to the spread of coronavirus, according multiple reports, including from ESPN’s Jeff Passan. The start of the regular season will also likely be delayed, Passan notes
The closing of schools and all public gatherings is the only thing that flattens the curve, and therefore lives.
But nearly everyone will eventually get this virus.
Italy stocks down 16.6% _today_ only.
“Brazilian President being tested Lookner”
The way this is going, Nancy may wind up with the top job, after all. But I do wonder if that will be permitted.
I wonder why Gold is still down. This is very inflationary.
I guarandamntee somebody is buying up all of these cheap stocks.
Ping to #15
Who the hell does he think he is? He’s a nobody right now. A task force? He’s gonna solve this? Jackass. Too bad he went to speech class. He’s messed up only a few times today.
Sorry, I mean #21
Inflation only happens if people are able and willing to spend money—so if jobs go away nobody has money...
Do you listen to Don't Fear the Reaper when you get that feeling?
I’d guess to cover margin calls, or profit taking.
Glad I’m not in the market.
Further explanation—folks stop spending on non-essentials—that is deflationary—so money printing can’t fix it..
When you hear terms like “hoarding”, you know the economy is facing deflation.
“I wonder why Gold is still down. This is very inflationary.”
Everyone with brains is converting to cash.
The opposite of inflation, it’s an asset deflation.
I didn’t post that
Newsom press conference—locating hotels, motels for quarantine...
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