Posted on 06/11/2020 7:59:24 AM PDT by bitt
New coronavirus cases still rising in more than 20 U.S. states
U.S. stocks swooned Thursday as coronavirus cases continued to rise and investors digested Wednesdays downbeat economic outlook from the Federal Reserve.
The market moves came even as the number of Americans filing for jobless benefits for the first time continued to decline in the most recent week.
(Excerpt) Read more at marketwatch.com ...
The virus is propagating in urban counties in about 20 states.
In Arizona for example, it’s Maricopa and Pima. After that, not a lot going on.
In Colorado, where cases are still falling, the worst infestations per county/population are where the prisons are.
States like California lagged at first and now are taking off while “early” states like New York and Jersey show declining case levels. Every state goes through a similar curve no matter what it does policy-wise.
In the worst states, most counties are doing pretty well. Crowding is the issue, whether it be in nursing homes, prisons or urban areas.
I have been warning people for weeks that we were witnessing a bear market rally and that Wall Street was simply delusional about the state of the economy. Sometimes I hate being right.
And this one day makes it a bear market?
No, it doesn’t work that way. We are in a bull market that probably has close to 10 years left. Daily movements are irrelevant.
Good information thanks.
I am expecting an increase in the cities where there were massive protests.
But then I could be completely wrong because some states opened up and the rate didn’t increase at all
It’s not the virus doing it - it’s the insurrection that seems to be going unchecked. Last I looked, they’ve taken a piece of Seattle and called it their own country. Antifa needs to be put down HARD - they are enemy combatants.
there will never ever be any consistent set of talking points, because we will as a country never agree on the data
which effectively precludes any rational discussion
of course I don’t know why I should even be remotely lamenting that
it’s just the way we operate as a country now
Yes, the impact of the protests has yet to hit but we are on the cusp of that with symptom onset at 5-11 days.
Watching with interest.
There is a county in Colorado that applied to the governor for permission to reopen business, etc. They were turned down because cases were increasing. The county pointed out that if stats from the federal prison were excluded, cases were negligible.
Gov office agreed and county is reopening now.
It’s all about physical proximity for long periods of time, just as emergency room doctors have said from the beginning. It’s not caught walking down the street. It’s caught from being around a sick person or persons in poorly ventilated areas.
Which means we may not see much of spike from the protests. Depends on the “after-parties” if you get my drift.
Your clear headed thinking is refreshing, bro.
In the middle of Feb. I had something that I had never experienced before. I treated it aggressively as if I had the flue and was okay in about 5 days. I’ll be 70 in Feb.
It could have been you had this thing. I don’t doubt that a lot of people have it.
It’s just that they either didn’t get sick from it or perhaps in your case they got very sick for a week or so and got better. Without going to the hospital
It’s just not that strong of a virus to be a reason to shut down an entire country.
We weren’t sure that in February. We are now.
You’ll have mail in a few minutes.
The maroons that count the tests have been adding the active CORVID cases with the antibody tests, so no one knows what the reported number really means. Has anybody heard what the antibody totals are? Meaning already had the flu and possibly immune and non-infective?
Keep an eye on the % of positives results. That’s a good indicator if an uptick in #s is because of a rise in testing or actual cases.
It seems it takes 1-2 months to see impacts. In this case, most were young and may be asymps or mild cases. It’s when they pass it on to their parents and grandparents we’ll know if their was any harm done.
Hopefully these people will just quarantine themselves in their basements for a couple weeks.
Plus death and hospitalzation #s lag behind positive test results.
LOL- Vegas for wealthy people??
If you have a 401K or an IRA or a pension very good chance your money is invested in the stock market.
My 401K was cancelled two years ago..................
DJIA down 1,411 right now.
I don't follow. If you test 10% of a population for a disease where as many as 80% are asymptomatic, you'll get a certain number of cases, some serious and most not. Ifyou test 100% of the population you'll get a much larger number of cases but that doesn't mean that it's more than you'd have if you tested 100% of the population two months ago when it was peaking.
Hospitalizations is a better analog in my view. Those are serious cases which have a test result. Serious cases requiring hospitalization in March or April would have required it in June if this is when they occurred. So seeing how that number rises / falls is a better indicator than raw cases as I see it. Remember, the point of this was to prevent hospitals from getting overloaded. We're way past worrying about that, it wasn't an issue even at the peak. And yet we still have lockdowns.
The left is trying to pull a 2008 on America.
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