Let’s hope not. I’m 123% invested 
I’m relaxed.
“A broad guess is that 25-70% of the population of any infected country may catch the disease. China’s experience suggests that, of the cases that are detected, roughly 80% will be mild, 15% will need treatment in hospital and 5% will require intensive care. Experts say that the virus may be five to ten times as lethal as seasonal flu, which, with a fatality rate of 0.1%, kills 60,000 Americans in a bad year. Across the world, the death toll could be in the millions.”
Interesting article from Millenial Revolution:
If the part about the cure is true, the panic of this week will be long gone within one month.
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Lol, it took them causing two pandemics (SARS and Coronavirus) to finally ban eating bats and snakes. I don’t find this a sign of a good organization.
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I’m just sad this is happening now and not at the end of the year… it would’ve saved me some wealth tax!
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Seriously, 25-75%? If the statitics (see my chart) are to be believed, i dont see how so many people could get infected. With each day that passed and nothing unexpectes happens, the risk goes lower.
Well, I assume that epidemiologists expect it on some more sophisticated model than interpolation from one chart.
25-75% is based on R0, if people were to behave as usual. It is much more likely that measures that are taken have some effect and can reduce the reproductive factor.
Basic measures such as no mass gathering and hygiene campaigns will probably reduce it enough that a spread in the community is slowed down and we have more time to detect it. Drastic measures such as no work and quarantines of towns will hopefully be enough to lower the reproductive number below 1.
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Woohoo, finally a (barely) positive day on the market. Saved by the indexers’ rebalancing flows I suppose.
what market are you referring to? I see all red (but yes, a bit less red than earlier today)
Why, S&P 500, of course.
Positive open-to-close, as well as in the after hours action (so far) vs. previous day’s.
So it has reduced its morning loss to a slightly smaller afternoon loss.
It‘s still a loss, day to day. Everything else is intraday noise.
Dear all, please stop trying to time the bottom. Right now is one in a lifetime opportunity to buy stocks. Just do it and never look back.
Pure hyperbole.
Stock prices (MSCI world, S&P 500) are at pretty much the same level they were only half a year ago - and they have been even lower before, within the last year. Yet revenue and earnings’ forecasts have been revised considerably lower in the meantime, with many companies issuing earnings warnings.
As most of us have probably already been alive 6 months (or a year) ago, it clearly isn’t a “lifetime” opportunity “right now”.
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You talk about an ETF, if it would be a dead cat bounce our earth would be in the trajectory of a moon-sized meteorit and trump sent some rockets today with the promise to change its trajectory and everyone believes it…you can finish the story yourself.
I think @mmm meant it ironically (otherwise it would be precisely an attempt “to time the bottom”).
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Saved by the Fed. What else?
3 confirmed cases in the US now, not connected with each other. There are probably thousands infected, but not sick yet.
I think we will see an even bigger drop next week, maybe -20%.
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Please, don’t get my hopes up 
By the way, side topic: does anyone know how the NYSE operates? Regular trading hours are 9:30 - 16:00 Eastern Time, and extended hours are 16:00 - 20:00. What can you do during this time? The prices are not tracked during that time, so I guess no trades are made. Btw isn’t it weird that the trading isn’t done 24/7? Now we have to wait till monday to see how markets reacts.
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Lol do you want to kill all daytraders?
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