[DoodleBob]

I think these are also important paragraphs, and it's also worth noting that Trump was acquitted on February 5:

Much of the market's rebound appears to have been fueled by relief over Chinese officials unleashing a wave of spending to help relieve the pressure on the Chinese economy, analysts and investors say.

The People's Bank of China deployed 1.7 trillion yuan in open-market operations on Feb. 3 and 4. Not coincidentally, many global stock indexes bottomed out around then. The Shanghai Composite rose every single trading day from Feb. 4 to Wednesday, logging its longest streak of consecutive gains in more than a year. The S&P 500 has also pared losses, closing Friday up 4.6% for the year and at a record.

So far, though, economists believe the long-term impact of the epidemic will likely be relatively muted. Among S&P 500 companies, just 5.8% of sales are generated from China, compared with 62% from the U.S., according to FactSet.

[babble-on]

Bond market is pricing a recession. Stock market is pricing a boom. I wonder which has a better track record for analyzing risk?

[babble-on]

At no point did any financial market think Trump was not going to be acquitted.

[dp0622]

Off topic slightly, Amazon won its case to halt the 10 billion dollar deal the pentagon had with microsoft, at least for now.

But it didn’t really affect microsoft.

I think people are figuring msft will hold onto the contract in the end.

[DannyTN]

I think the market is looking at the “out of asia” cases, and it looks contained right now. 6 of the 29 countries have complete resolved their cases and have no active cases.

They are also looking at past events of SARS and Ebola and the effects were temporary.

In the long run, I expect this will be good for most countries and bad for china and international trade.

But how bad will the whipsaw be? And how bad will this virus be? Can it be contained? Will it fizzle out over time like SARS? Is it here to stay?

[momincombatboots]

The sky is falling send US taxpayer money.

[Socon-Econ]

No rising market can escape correction. When the correction is near, the slightest bad news will cause to begin, and the politicians will put forth whatever they dislike the most as what is causing the decline. Hate war? CNN will attribute the decline to bad news from the Middle East. Hate the Fed? The problem is interest rates that are too high. Etc.

[Bob434]

perhaps, but remember, President Trump is ‘Dangerous for this Country” According to dems

(Record unemployment, record stock market, record jobs brought back home, record employment for nearly all demographics, all races, record money back, on and on it goes- and the left ignorantly claim Trump is dangerous for the country)

[MeneMeneTekelUpharsin]

Markets are where they are because the big boys want the indexes there. Meanwhile, gold buying spiked, treasury bonds buying spiked and charts are showing near complete stoppage of movement of goods in China and other places in Asia. Nothing to see here...move on.

[DannyTN]

Make that 8 of the 29 countries have resolved all their cases.

But still, how much is being missed and not tested.

[null and void]

And a counterpoint...

Bring Out Your Dead

Post to me or FReep mail to be on/off the Bring Out Your Dead ping list.

The purpose of the “Bring Out Your Dead” ping list (formerly the “Ebola” ping list) is very early warning of emerging pandemics, as such it has a high false positive rate.

So far the false positive rate is 100%.

At some point we may well have a high mortality pandemic, and likely as not the “Bring Out Your Dead” threads will miss the beginning entirely.

*sigh* Such is life, and death...

If a quarantine saves just one child's life, it's worth it.

[I want the USA back]

“realistically, the data are very, very uncertain”

Economists have a special way of speaking. They are able to say absolutely nothing in a way that has half the readers thinking one thing, and the other half thinking the opposite.

[ProtectOurFreedom]

Among S&P 500 companies, just 5.8% of sales are generated from China, compared with 62% from the U.S.

The author only mentioned supply chains in passing twice. The real problem is not where the end-sales are generated; it's where you source your raw materials, subassemblies, and assembled products from. If this persists and continues exponential growth in China, supply chain disruptions could become bigger than anything we've ever witnessed. At what point will domestic firms get back into manufacturing parts and subassemblies? How long will it take to ramp that up?