RE:RE:RE:RE:Coronavirus: Too much talk We all have our position-bias (and opinions) one way or the other (and that's fine) but when we describe everything in a way that shows our strong position-bias (and the readers get the same impression), that's when people start raising their eyebrows.
Star, I like your analysis most of the time (whether agree or not) but one thing I noticed that your analysis and predictions go 100% (positive or negative) based on your position at the time. There is nothing wrong with it (you have every right to express your opinion) but I think if you try to be little more objective, it will be more useful. I am not saying you do this on purpose but it appears like this. Sometimes, we do things without realizing as to how it appears to others. Thanks
Starsearcher80 wrote: Fair value futures are showing down about 750 points this morning. Confirmed cases have now crossed 100,000. Pence comes out and announces the U.S. does NOT have enough testing kits. Well that's going to go well. The virus will spread and they'll be left guessing who is infected at best. Sheesh! Idiots.
There's a significant bank failure over in India. Prior to this, there was a bit of a run on the bank. You have to look at other countries that have fragile economies with overbloated debt. Italy and France come to mind first. People are focused on Coronavirus, but there is the risk of financial contagion as well, as the corona virus puts global economies through an economic stress test of stunning proportions. Some of these countries that were already economically fragile/exposed, PRIOR to the virus, could be in a lot more trouble than the market is currently focused on.