Posted on 03/08/2020 6:00:55 PM PDT by narses
With coronavirus death toll in the U.S. rising to 19, people are becoming increasing afraid of contracting the disease. To date, there are 3,803 reported deaths with 109,835 confirmed cases worldwide. Also a total of 60,694 people have recovered from the virus. As the fear of coronavirus continues to spread, there are a growing number of reports of empty shop shelves as people rush to stock up on basic products such as hand soap, sanitizers, tissue papers, and many more. It got so bad that some stores are now limiting purchases of these products, more due to coronavirus fears.
The fears stem from the misleading information coming from mainstream media about the trend of the virus. The media shows the number of fatalities continuously increasing, on a time-based graph. The problem with this is that, the media only uses a cumulative graph to illustrate coronavirus deaths. However, if you look deeper at the raw data provided by John Hopkins on GITHUB, the number of global deaths per day are decreasing worldwide.
Hats off to Evan at TradeGuru, who first noticed the discrepancy in media’s cumulative statistics and created a more accurate chart. According to Evan’s analysis using the raw data provided by John Hopkins University, “the virus is decreasing in hotspots such as South Korea, China and Hong Kong (the first to deal with the novel virus). The press tells us it’s an outbreak, or a pandemic on the precipice. Both situations would suggest exponential growth. The actual data doesn’t suggest exponential growth of fatalities at all. The data suggests decline. In fact, the crude death rate is statistically 0.”
Also, it’s now being estimated that 80% of individuals that contract the coronavirus are asymptomatic or midly-symptomatic. And in this viral video, Rebecca Fraiser says she “never really felt unwell” after contracting the virus, and it “sounds like it is the case for the majority of people.”
So. Korea tested early. The US is just starting large scale testing.
So I think that gives the false impression that the number of new US cases is quickly increasing. Meanwhile in So. Korea, where the testing has been ongoing, (I think) they are on a flat or downward trend of new cases.
Feels like a PsyOps plan by the Chinese to create a mysterious apocalyptic crisis in a city most Americans know nothing about - create a panic they know the world media will run with to bring the economy down to get rid of Trump.
Just wait until June when a lot of people start missing mortgage payments. The Corona Virus will be mostly forgotten by then, but the new mortgage banking meltdown and the economic downturn will be blamed on Trump and enough people will be economically panicked to vote for a democrat.
The last time futures selling tripped the limit down rule was the night of Nov. 8, 2016, as investors adjusted to news that Donald Trump would win the presidency.
Remember that night?
“What method of transmission happens with an asymptomatic person; how does he or she spread it if not coughing or sneezing?”
Smooching? There should be a ban on hanky panky.
Is the virus still worse for old coots like me?
Timing. Note the chart in the lower right. The curve spikes then flattens. Time matters. POTUS slowed down the spread A LOT by the selective (racist!) travel bans.
I think Italy has a lot of illiterate migrants. A fertile breeding ground for spreading this sort of thing.
It will be instructive to see how it progresses in CA with its huge population of illiterate illegals that already has a high proportion of communicable diseases.
“Is the virus still worse for old coots like me?”
If you are 80 yes, be worried, over 60 - yes, if you have other health issues.
If you don’t think there will be masive margin calls tomorrow and people losing their shirt then you just don’t understand the market.
“I think Italy has a lot of illiterate migrants. A fertile breeding ground for spreading this sort of thing.”
Indeed, plus their native filth and aging population of chain smokers, socialized and corrupt healthcare.
This whole BS thing started immediately after signing phase 1 of the new trade deal with China which THEY HATED!!! I am beyond PISSED that the media has been able to create this hysteria, that people are listening to these lying bastards, you would think that people were dropping dead in the streets it is absolutely mind boggling!!!!
What percent of the market is “on margin”?
;-)
So you profess to be a market expert as well as a contagious disease expert?
Wow.
This is different.
however, that is not to say there won’t be some intervention overnight.
Funds blow up with this kind of movement.
So do Market Makers.
Fortunes won and lost.
I remember it well ... stock futures dropping like a rock ... and Maria said ... “It’s time to buy.” ... and that was the bottom ... an immediate turnaround ...
Maria was right!
bttt
Well, I’m in my sixties, but I do have asthma. If I get the virus, I’m definitely going off my diet. ;-)
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