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#2881 | |
El Diablo
Join Date: Dec 2004
Casino cash: $1746679
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Cardiovascular disease 13.2% of cases - of those 10.5% die. (1 out of every 10) Diabetes 9.2% of cases - of those 7.3% die. Chronic respiratory disease 8.0% / 6.3% Hypertension 8.4% / 6.0% Cancer 7.6% / 5.6% https://www.worldometers.info/corona...-demographics/
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#2882 | |
Supporter
Join Date: Sep 2000
Location: Hollywood, CA
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#2883 |
Has a particular set of skills
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not testing would be a way higher cost. That’s why insurance companies said they would cover the cost. Bill in the house to pay the rest of the costs of testing for the uninsured.
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#2884 | |
Retired Bearcat
Join Date: Dec 2011
Location: SWMO
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#2885 |
El Diablo
Join Date: Dec 2004
Casino cash: $1746679
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I don't typically buy into conspiracy theories and this could just be coincidence... and obv every virus is different...
BUT... If the Chinese were trying to reduce their population by killing old people with underlying conditions, by creating something that would not kill healthy / young people.. I would slightly entertain the idea. Population Control with a man made virus. Just the fact that H1N1 was so different than this...
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#2886 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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— Tom Hanks (@tomhanks) March 13, 2020
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#2887 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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#2888 | |
MVP
Join Date: Dec 2018
Casino cash: $2630400
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We all need to take the longer view, but in this case only about a year we hope if our government has its act together on testing and quarantine. China is a guide here. Look at how quickly active cases crested in the chart below(about a month), and have now contracted to the point that they are getting back to work. About a 3-month episode. Here, we can hope that by mid-summer we have a good handle on this, meaning our economy has an awful second quarter like China's first, a weak third (recessions typically about 6-9 months with about 13% EPS decline), but pent up demand aids a strong fourth quarter recovery (yes as Buddy Bell said it can always get worse). This market is discounting a 30% EPS decline. That should not happen unless our govt blows it. If it plays out as above, a year from now we can be back above 3,000 on the S&P, with a recession in the rear view and the long-term secular bull continuing. Near term I'm hoping 2,300 holds, another 7% (33% total; the Chinese only went 12%, Hong Kong 21, Korea 25, we should hold!). Remember the Dec 18 drawdown, only 15 months ago? We're a bit above that now. On the long trend we are at summer 17. We'll recover it. The Fed is coming at this hard. Wednesday's meeting will be memorable. They committed to do up to $1 trillion repo today. We need fiscal fast and hard as well. Helicopter cash. It's coming. When we see the credit spreads on high yield bonds come back in we can start to sound the all clear. Credit moves first. Bond market was signaling this when China was tanking, the but stocks shrugged it off. As I write this futures down another 2% since the close, not bad. We've broken circuits three straight days, so if futures don't tonight (5%) that's good news. Hang in there and stay safe! ![]() ![]() |
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#2889 | |
Life is changing..
Join Date: Jul 2012
Location: NW Missouri
Casino cash: $-2470000
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#2890 | |
Supporter
Join Date: Mar 2003
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#2891 | |
Life is changing..
Join Date: Jul 2012
Location: NW Missouri
Casino cash: $-2470000
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A quote from New York.
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#2892 |
El Diablo
Join Date: Dec 2004
Casino cash: $1746679
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They already do that there...
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#2893 |
Supporter
Join Date: Sep 2000
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#2894 |
Life is changing..
Join Date: Jul 2012
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#2895 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
Casino cash: $-671038
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