OT: Coronavirus (COVID-19) Part II (READ THE OP)

[Gardner McKay]

I remember a bunch of posters bashing me when I said once the hot weather comes it will help curb it, well now we are getting some proof:




Study from China - High Temperature and High Humidity Reduce the Transmission of COVID-19

High Temperature and High Humidity Reduce the Transmission of COVID-19 by Jingyuan Wang, Ke Tang, Kai Feng, Weifeng Lv :: SSRN


Accuweather on UV exposure:

https://www.accuweather.com/en/heal...re-may-limit-spread-of-new-coronavirus/703393

Another article about weather impact
https://www.accuweather.com/en/heal...al-of-new-coronavirus-pathologist-says/700800

What's interesting is this image taken from this study Temperature, Humidity and Latitude Analysis to Predict Potential Spread and Seasonality for COVID-19 by Mohammad M. Sajadi, Parham Habibzadeh, Augustin Vintzileos, Shervin Shokouhi, Fernando Miralles-Wilhelm, Anthony Amoroso :: SSRN:

The cities being most seriously impacted are in that yellow band

Credit goes to @JacketsFanWest

Not only did people bash you, but they basically excoriated the President for suggesting the same thing. It seems like a reasonable enough line of thinking.

 

[True Blue]

The sad thing is, regardless of what side of this argument anyone falls on, it's VERY clear the admin thinks they can sway the markets. a 330pm press conf parade with company CEOS last Friday is a tell tale sign on which side they fall on.

Sure, they do. But to their credit, the only thing that will calm the markets is well....calm. So them stepping out on camera and parading whom they will is an attempt at that. It is far better than nothing.

 

[Thirty One]

View attachment 337405

Like it better without context.

 

[True Blue]

Ghost town in the office I f***ing love it lol

I am the only person in mine.

 

[True Blue]

Not only did people bash you, but they basically excoriated the President for suggesting the same thing. It seems like a reasonable enough line of thinking.

Again, no matter which side of the political isle you fall on, a bit of irony should be had when Trump was called a racist xenophobe for listing travel restrictions to China. Or how he was blasted for curbing travel to and from Europe.

 

[PuckLuck3043]

The sad thing is, regardless of what side of this argument anyone falls on, it's VERY clear the admin thinks they can sway the markets. a 330pm press conf parade with company CEOS last Friday is a tell tale sign on which side they fall on.

What is wrong with any administration trying to calm the market and prevent a further slide? That's what they are supposed to do in times of crisis. Keep calm and carry on.

 

[PuckLuck3043]

Again, no matter which side of the political isle you fall on, a bit of irony should be had when Trump was called a racist xenophobe for listing travel restrictions to China. Or how he was blasted for curbing travel to and from Europe.

Damned if you do and damned if you don't.

 

[True Blue]

Damned if you do and damned if you don't.

I think that in this case, it is a blind hatred that spurs some people on. Some, both in the world and on here, would much rather have great suffering be caused just so that they can point the finger at Trump. Again, this has nothing to do with politics, just there are those that want to contribute to a hysteria as they already know who they are blaming.

 

[Gardner McKay]

Trump says he is 'OK' with forbidding buybacks as condition of corporate bailouts

Good. Otherwise don't do them. We don't need another taxpayer funded bailout to line the pockets of CEO's and large shareholders. In fact, I would put language in there that if any company that receives bailout money puts even $1 towards shareholder buy backs, they are forced to repay the entire bailout + a 50% penalty. The penalty, if not paid immediately, accrues interest at a 20% rate.

Make it so scary that they won't even thing about it.

 

[eco's bones]

GOOD. We can deal with the consequences to the airline industry later; now is a time for safety.

Wishing her safe travels.

I agree. Bailing out the investor class is pretty much on the bottom of things that need to be done. Those people always end up doing pretty well for themselves. You got the money to invest large in the airline industry you can go to the back of the line. The priority should be to get on top of this disease as fast as we can and to stay off the backs of people who truly are going to need help whether it's medical, financial or whatever. People are going to need that medical help. They're also going to need shelter and food if they don't have it.

 

[PuckLuck3043]

I agree. Bailing out the investor class is pretty much on the bottom of things that need to be done. Those people always end up doing pretty well for themselves. You got the money to invest large in the airline industry you can go to the back of the line. The priority should be to get on top of this disease as fast as we can and to stay off the backs of people who truly are going to need help whether it's medical, financial or whatever. People are going to need that medical help. They're also going to need shelter and food if they don't have it.

That investor class includes hard working people who just saw their retirement plan drop by more than 30%. Is that not a big deal especially for those who are close to retirement?

 

[PuckLuck3043]

That investor class includes hard working people who just saw their retirement plan drop by more than 30%. Is that not a big deal especially for those who are close to retirement?

 

[GordonGecko]

I'm pretty much against almost all bailouts. Unfortunately I fear our idiot mayor is going to be extremely reckless and the result will eventually be NYC bankruptcy a few years down the line

 

[Crease]

That investor class includes hard working people who just saw their retirement plan drop by more than 30%. Is that not a big deal especially for those who are close to retirement?

While I'm sympathetic, folks who are close to retirement have no business being heavily invested in the stock market.

 

[PuckLuck3043]

While I'm sympathetic, folks who are close to retirement have no business being heavily invested in the stock market.

Really? Are you an advisor? Facts are many people are going to live 30 years in retirement so people do need to be invested at any age. Granted the younger you are the more aggressive your investments can be but many older people need to be involved in equity investments also.

 

[True Blue]

While I'm sympathetic, folks who are close to retirement have no business being heavily invested in the stock market.

That is entirely up to them and their financial advisory. You cannot prevent that. The only way to do that is to give their children the power of attorney and forcibly take over managing their pools of cash.

 

[True Blue]

That investor class includes hard working people who just saw their retirement plan drop by more than 30%. Is that not a big deal especially for those who are close to retirement?

That and said investor class also includes the pensions and retirement accounts of teachers, cops, fireman, local unions of plumbers and virtually every other person who believes that they are not in the investor class.

Know who one of the biggest allocators of giving retirement money to asset managers to manage? Texas Teachers. Do you (not literally you) have any idea of how many billions of dollars they allocate to those who then invest it in the market?

 

[MyLoveIsBlue]

Got a question for the stock/finance mavens here. What would happen if they allowed offshore money to be returned to the USA tax free with the stipulation it had to be invested in the stock market for a year? Also, all capital gains would be waived on that money after a year.

 

[The New Russian Five]

Not only did people bash you, but they basically excoriated the President for suggesting the same thing. It seems like a reasonable enough line of thinking.

That's because said president said that before any research on the matter had been done or completed. It was a premature and reckless thing to say.

 

[PuckLuck3043]

That and said investor class also includes the pensions and retirement accounts of teachers, cops, fireman, local unions of plumbers and virtually every other person who believes that they are not in the investor class.

Know who one of the biggest allocators of giving retirement money to asset managers to manage? Texas Teachers. Do you (not literally you) have any idea of how many billions of dollars they allocate to those who then invest it in the market?

I do because I used to be heavily involved in the 403b market.

 

[Gardner McKay]

That's because said president said that before any research on the matter had been done or completed. It was a premature and reckless thing to say.

 

[GordonGecko]

Got a question for the stock/finance mavens here. What would happen if they allowed offshore money to be returned to the USA tax free with the stipulation it had to be invested in the stock market for a year? Also, all capital gains would be waived on that money after a year.

I'm a quasi-maven but honestly nothing would happen except boost the market cap of those companies or dividends to shareholders. They are not going to re-invest anywhere near most of it

 

[Krams]

Really? Are you an advisor? Facts are many people are going to live 30 years in retirement so people do need to be invested at any age. Granted the younger you are the more aggressive your investments can be but many older people need to be involved in equity investments also.

It's common sense. Closer you get to retirement the more conservative you get to mitigate risk. As you said, that's not to imply you shouldn't have any money in stocks at that age, but generally at retirement you should already have a comfortable amount of money and be more focused on income from investments and less on growth

 

[Krams]

Was actually nice to go in today and take a break from consuming the hysteria. Going in tomorrow and Monday, then off for a few days.

 

[sbjnyc]

While I'm sympathetic, folks who are close to retirement have no business being heavily invested in the stock market.

That was true maybe 10 years ago. Maybe.