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To: Black Agnes

Don’t keep missing the point.

This discussion is about assessing the extent to which the corona virus is an epidemiologic risk.


288 posted on 02/25/2020 6:59:23 PM PST by reasonisfaith (What are the implications if the Resurrection of Christ is a true event in history?)
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To: reasonisfaith

Your discussion was why the market was panicking on a ‘rumor’ or ‘hysteria’ about the virus.

The market is reacting to potential profit loss.

That is it.

Not just supply chain disruption.

Example: Estee Lauder sells (IIRC) about 19% of its sales in China. If nobody is going to work, nobody is allowed to shop because nobody is allowed to leave their apartments...who will be wearing or buying the cosmetics?

No one.

How many companies can just shuck off a loss of 19% of their yearly sales?


290 posted on 02/25/2020 7:02:05 PM PST by Black Agnes
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