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.”
“What percent of the market is “on margin”?”
Hmmmm?
I have made my living of the stock market for decades.
I have a professional license in another field that I don’t use because I don’t have to work in that field
More cases of COVID-19 are likely to be identified in the coming days, including more cases in the United States. It’s also likely that sustained person-to-person spread will continue to occur, including throughout communities in the United States. It’s likely that at some point, widespread transmission of COVID-19 in the United States will occur.
Widespread transmission of COVID-19 would translate into large numbers of people needing medical care at the same time. Schools, childcare centers, and workplaces, may experience more absenteeism. Mass gatherings may be sparsely attended or postponed. Public health and healthcare systems may become overloaded, with elevated rates of hospitalizations and deaths. Other critical infrastructure, such as law enforcement, emergency medical services, and sectors of the transportation industry may also be affected. Healthcare providers and hospitals may be overwhelmed. At this time, there is no vaccine to protect against COVID-19 and no medications approved to treat it. Nonpharmaceutical interventions would be the most important response strategy.
Read it carefully especially everything after the red highlighted part. The CDC, YOUR government, is telling you that widespread transmission is likely. And when there is widespread transmission ALL those things I've been saying may happen.
Your government is telling you to be prepared. It's LIKELY that it's going to happen.
Asthma is an issue, avoid crowds until summer. Stay well!
“CDC estimates that so far this season there have been at least 34 million flu illnesses, 350,000 hospitalizations and 20,000 deaths from flu. “ It did not bring the healthcare system to its knees.
Without the action taken by our President, we would be in MUCH worse shape. A recovery rate in China of about 70 percent is just not believable.
Thanks. I appreciate that.
They just shut down a school in Oxnard Ca. kid is illegal and has TB I don’t know how he was able to get into school without vaccines!!! THAT effects children CV doesn’t seem to effect children !! Did you hear ONE word from the MSM about this NO!! I know about it because I live in Oxnard, Ca.!!
“In EVERY country this thing has hit about 10% NEED ICU. 15% to 20% NEED hospitalization.”
So you have nothing that backs up your fearmongering?
MERS and SARS are coronavirus pandemics that did not kill you, why the fearmongering?
If you dont think accounts are going to get blown up tomorrow without intervention then all I can say is watch the news stories this week.
What should I buy tomorrow?
Why not? What is the recovery rate for SARS, MERS and the flu?
Your claim was that margin calls were going to be the issue, where is your evidence for that?
I'm safe.
Damn it.
I’m just thankful there are still people like you out there.
Ha, ha... sorry about that. ;-)
I absolutely agree....plus the vapor retains the heat in your home. I’ve always had a vaporizer running or a kettle going. And also found far less winter illnesses doing so. No flu or colds this winter at all. Now if I could find the magic bullet for Allergies!
So are you saying if we just wait our recovery rate will also be in the 70 percent range? If we can believe what the media is dishing out, China did mass containment.
The last time futures trading hit the overnight limit was election night of 2016, when markets initially sold off following the news that Donald Trump had won the election. That selling pressure quickly subsided and the major indexes closed up by around 1 percent or so the following day.
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