Coronavirus and Stock Markets - Thoughts?

Kudlow got the Fed wrong quite quickly, very wrong.

PensionCraft with another cracking video.

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The proposed bill funnels $50 billion to airlines, $8 billion to cargo air carriers, and $150 billion for other “distressed businesses” — a category it leaves notably undefined. But companies have no interest in leaving the definition of “severely distressed business” up to Treasury.

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@Phil what is there to like about that post…

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First death in my region today.

Don’t visit your mother’s tomorrow is the new advice.

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So I kick my kids out of the house for a day? :joy:

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Tracking same curve, today its 234 in UK i.e. 07-March, 233

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This is a very horrible way for the rest of the UK to learn about compounding.

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image

Will update graph every few days. let’s see how it goes

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Better to make it logarithmic as it is easier to see when the rate of change begins to slow.

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In logarithmic scale the infection rate in Italy has already begun to level off.

https://www.bloomberg.com/news/articles/2020-03-22/primark-to-cancel-all-supplier-orders-sunday-times-reports

Strong opinion from a former secretary of labour (US):

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New York is where Wall St is at:

https://www.cnbc.com/2020/03/22/new-york-state-has-more-coronavirus-cases-than-france-or-south-korea-as-infections-soar-to-15168.html