Coronavirus fears hammer markets - how far will it go?

I work in IT for a Fortune 100 company and we're knee deep in figuring out how to shut down our buildings but stay operational. We've been stress testing the VPN, beefing up the videoconferencing back end & trying to figure out who's going to be considered essential. We've cancelled all of our large events & even smaller meetings for the foreseeable future. I can only assume other large companies are doing the same. If this thing doesn't slow down, this is only the beginning.
 
Covid-19 is more contagious and has a higher fatality rate than the flu. Most will be elderly and the majority of infected will have no problems. A normal immune system will take care of it like the common cold. The Chinese brought this shit on the world. If there was ever a reason to try to not buy products made in China the time is now and from now on. It will be interesting to see what companies do going forward that make their products in China. How many hundreds of billions or trillions have been lost because of this nonsense?
 
Good speech. However all the newswires only want to report the 1 month ban on euro travelers to here (excluding UK) because he said the unrestricted Euro people brought it here. So the US futures is crashing now.
(Getting ready to lose another new car 5 seconds after the market opens tomorrow.)
 
Everything else he said was good/great. The news only wants to report the items to make him look bad. Best wishes everyone!
 
diy.phil said:
Everything else he said was good/great. The news only wants to report the items to make him look bad. Best wishes everyone!
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Absolutely right. THIS is going to be the most reported aspect of Trump's legacy as President in the decades to come, and the news media and the opposition is determined to lay every single infected individual at Trump's feet. I'm not a Trump fan by any stretch of the imagination, but that is absolutely ridiculous partisan politics that is nothing but Trump Derangement Syndrome.

This shit gonna get BAD. NBA suspended their season, NCAA has called off all fans from March Madness (I think they'll eventually just cancel the whole tournament), flights from Europe are grounded (starting in 2 days???? WTF???), I would bet before this is over there will be a dramatic reduction in domestic flights.

Lots and lots of businesses are going to end up going bankrupt over this thing... all because stupid fucking people can't learn to wash their hands.
 
jettyman said:
Well at least you're not blaming Trump
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I don’t blame him for the virus, but I do blame him for the misinformation he gave about it. At one point he said it was a hoax. At another point he said it was 100% contained. At another he said there were 15 cases, but that number would soon be zero.
 
Euphonic said:
At one point he said it was a hoax.
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He never said the virus was a hoax, he said the media's biased coverage was another hoax, just like the impeachment.

One of my people came up to me and said, “Mr. President, they tried to beat you on Russia, Russia, Russia.” That didn’t work out too well. They couldn’t do it. They tried the impeachment hoax. That was not a perfect conversation. They tried anything. They tried it over and over. They’d been doing it since you got in. It’s all turning. They lost. It’s all turning. Think of it. Think of it. And this is their new hoax.
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Euphonic said:
I don’t blame him for the virus, but I do blame him for the misinformation he gave about it. At one point he said it was a hoax. At another point he said it was 100% contained. At another he said there were 15 cases, but that number would soon be zero.
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Stop lying! You sound just like the extremist politicians looking to blame Trump for everything. He never said it was a hoax. And the 15 people that had it at that time were all recovering and had mild symptoms. You should run for some democratic gov't office because you sound just like them. And who gives a shit what he says about it. He should just say I have more important things to worry about.
 
BigAl205 said:
He never said the virus was a hoax, he said the media's biased coverage was another hoax, just like the impeachment.
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Okay, what about the other 2 statements? When Pence went on the Today show and said that irresponsible rhetoric has been used, was he wrong?
 
jettyman said:
And who gives a shit what he says about it. He should just say I have more important things to worry about.
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You care what he preaches about it, after all, he’s your messiah. What other shit should he be focused on? The airlines going bankrupt? The stock market tanking? The strain on the economy and the healthcare system? Aren’t those things linked back to the Coronavirus?
 
Euphonic said:
You care what he preaches about it, after all, he’s your messiah. What other shit should he be focused on? The airlines going bankrupt? The stock market tanking? The strain on the economy and the healthcare system? Aren’t those things linked back to the Coronavirus?
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Exactly. He has thousands of people working on the virus. Personally I don't think he should say another word about it. It's all being blown out of proportion.
 
Euphonic said:
You care what he preaches about it, after all, he’s your messiah. What other shit should he be focused on? The airlines going bankrupt? The stock market tanking? The strain on the economy and the healthcare system? Aren’t those things linked back to the Coronavirus?
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I would say they are more linked to the effects of the media's coverage of the virus, than to the facts surrounding the virus itself and it's actual effects.
 
DavidRam said:
I would say they are more linked to the effects of the media's coverage of the virus, than to the facts surrounding the virus itself and it's actual effects.
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I agree. If there had been a different President, I doubt the media would be in panic mode like they are now.
 
Well, Arkansas finally got its first case. And it's in the most dangerous city in the state too (Pine Bluff). I'd also be willing to put money on less than one out of 10 people in the United States washing their hands with any frequency at all particularly after wiping their ass. We live in a society of nasty pigs!
 
Hillbilly SQ said:
Well, Arkansas finally got its first case. And it's in the most dangerous city in the state too (Pine Bluff). I'd also be willing to put money on less than one out of 10 people in the United States washing their hands with any frequency at all particularly after wiping their ass. We live in a society of nasty pigs!
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I'd be more worried about the gators in pine bluff. I stepped on one at the pine bluff arsenal when I was bank fishing one of the lakes there. Never thought I'd see gators in Arkansas
 
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