COVID-19 (f/k/a "the Coronavirus")

[Cheeks]

I smell lots of buying opportunities.  Short term investment in mask makers....they cannot make them fast enough.

[mu_hilltopper]

Just a heads up .. I want this to be a serious thread. 

Nonsense posts will be deleted.

[RJax55]

Just a heads up .. I want this to be a serious thread. 

Nonsense posts will be deleted.

Thanks, Topper. Been following this thread and appreciate the effort to avoid it turning into the usual shitshow.

[Hards Alumni]

I smell lots of buying opportunities.  Short term investment in mask makers....they cannot make them fast enough.

Masks are not very profitable, I've looked into it. 

specifically, 3M N95 masks.

[Cheeks]

Over under in TOKYO GAMES being canceled? 

[Hards Alumni]

Over under in TOKYO GAMES being canceled?

They should be.  But there are a few months to go.

[forgetful]

Over under in TOKYO GAMES being canceled?

Two possibilities.

1) This goes pandemic by then, and it really doesn't matter where a person is, so no need to cancel.

2) It does not go pandemic, in which case it is largely contained by then, especially in Japan. So no need to cancel.

[Cheeks]

Trump administration asks for at least $2.5 billion to fight Coronavirus


https://thehill.com/policy/healthcare/484441-white-house-asking-congress-for-25-billion-to-fight-coronavirus

[Hards Alumni]

Well in reading the article apparently is and it isn't enough....go figure, eh.  But I'm guessing money makes a difference in organizing, quarantining people, treating folks incrementally, etc.  I suspect money will be very important in fighting this.

Great.  Trust me, money doesn't solve this problem.  If it did, China would have solved this problem two months ago, and the rest of us would have never heard of it.

Don't be so naive.

[curbina]

Good read on Coronavirus

THE STRESS OF CORONAVIRUS
The coronavirus outbreak has taken center stage, sparking nervousness around the world and severely hampering business in Asia's...

https://insight.factset.com/the-stress-of-coronavirus

[Goose]

Cheeks

I do not think there is going to be a short term buying opportunity. This is going to take awhile to itself out. My money is betting the other way and believe things could get ugly.

[Cheeks]

Cheeks

I do not think there is going to be a short term buying opportunity. This is going to take awhile to itself out. My money is betting the other way and believe things could get ugly.

All depends on time horizons.

[Benny B]

Two possibilities.

1) This goes pandemic by then, and it really doesn't matter where a person is, so no need to cancel.

2) It does not go pandemic, in which case it is largely contained by then, especially in Japan. So no need to cancel.

-Or-

3) Status quo is mostly maintained between now and then, i.e. virus is still predominantly in China, but a handful of cases keep popping up around the world... in other words, it's not really a pandemic, but it's not really fully contained either. 

In other words, let's say the Olympics are three weeks away (March 15).  Assuming there's no global warming riots in Japan, do you bar China from competing, do you allow just the athletes & coaches in the country (no fans, family, etc.), or do you simply shut it down?

[mu_hilltopper]

Good article ..
https://www.theatlantic.com/health/archive/2020/02/covid-vaccine/607000/

.. Also .. how many billions go up in smoke if the Olympics are cancelled?

[🏀]

IOC member Dick Pound says Tokyo Olympic organizers have until late May to see if the virus is under control. If not, "you're probably looking at a cancellation."

[curbina]

Good article ..
https://www.theatlantic.com/health/archive/2020/02/covid-vaccine/607000/

.. Also .. how many billions go up in smoke if the Olympics are cancelled?

Thanks Topper

[TallTitan34]

IOC member Dick Pound says Tokyo Olympic organizers have until late May to see if the virus is under control. If not, "you're probably looking at a cancellation."

Wonder if he's friends with Dick Strong?

[Heisenberg]

You're dancing around the bigger issue. 

How many cases have to show up in the next few weeks in the US to cancel March Madness (and close, schools, theatres, the NBA, etc)?

[RJax55]

You're dancing around the bigger issue. 

How many cases have to show up in the next few weeks in the US to cancel March Madness (and close, schools, theatres, the NBA, etc)?

That's a good question and at this point, perhaps the only question for countries. Can you deal with the virus, while maintaining daily activities as normal as possible.

[mu_hilltopper]

You're dancing around the bigger issue. 

How many cases have to show up in the next few weeks in the US to cancel March Madness (and close, schools, theatres, the NBA, etc)?

Since the real danger is exposing 15,000 people in a stadium .. you could eliminate that, and just have the games played in front of empty stadiums.   Billions on the line, might as well play the games.


Now .. schools on the other hand .. they would need to close.


.. In the end, I think the virus goes global and quarantines will be pointless. 


Not that I know anything, but my two kids were streptococcus carriers and infected my wife 6 times w/strep throat before we figured it out.  Kids were healthy as could be .. they just carried it and infected her and probably others until we treated them. 


There are asymptomatic COVID-19 carriers:


https://www.sciencealert.com/researchers-confirmed-patients-can-transmit-the-coronavirus-without-showing-symptoms

[Jockey]

From the White House today:

"We have contained this. I won't say airtight, but pretty close to airtight."


Stop worrying, everyone.

[Hards Alumni]

Get your supplies before the run on the stores.

Worst case scenario, you have some food sitting around the house you can eat over the next couple of months.

Best case scenario, you're not out in the crowds fighting over what is left, and you're not exposing you or your family to human nature at the worst of times.

[mu_hilltopper]

Welp, now I can justify buying that 4 gallon can of Beefaroo at Costco.

[rocky_warrior]

Just a heads up .. I want this to be a serious thread. 

Nonsense posts will be deleted.

Welp, now I can justify buying that 4 gallon can of Beefaroo at Costco.

nm

edit:  Hilltopper, you complete me.

[Goose]

Cheeks


Human life is the most important part of this story, but as noted on here, the economic fallout is going to immense. If the virus was 100% contained in Hubei Province this was would be a big economic story, but spreading to other countries just threw gas on a potential serious economic issue.

For the past five years I have been telling anyone that would listen that someday China's economic/financial mess would make our housing crisis look like sound accounting. This virus might very well expose the cracks in the Chinese financial sector. After today's announcements I now think we are just in batting practice in this mess, not the first inning.