I'm only referring to it as it pertains to muscle cars and the possibility of a recession Charley, I have zero interest in getting into a political debate with anyone.

I bet this ends up being exactly like Ebola in 2014. We heard about it non stop for a month, and then it was never in the news again.

Let's all hope you are correct :biggthumpup:

H1N1 Pandemic in 2009,spread fast,killed people[ approx 545,000] and was soon gone. No hysteria,stock market collapse,and no media hype every day. I think its obvious as to why

I have been dabbling in an oil fund called USO. It's an ETP, exchange traded product. It was down 25% yesterday to lowest it's been in several years. I think it closed in the 6.50 range yesterday. It's a way you can follow the market without having to pay what barrels of oil cost.
For the last couple weeks it has been down more than the stock market and really took it on the chin yesterday. When I first got in to it, the price was in the 10 to 11 range. Seems to have days it moves quite a bit

Market will make a nice come back today, be ready!

My whole point. This was this morning.

Why?

Kung Flu rate of mortailty .5%

Ebola virus was 70%

The fact the Kung Flu is spreading worldwide tells you it's mild, where as Ebola never left the continent because it generally killed most folks who got it, regardless of age.

China is already through the peak of it, and getting back to producing I Phones.

As the weather gets warmer in the Northern Hemisphere, it's going to fade away.

Respective to muscle car valuations, i'd be more concerned with millenials not being in to cars in general than a virus.

Speaking of China and Kung Flu, anyone else just slightly curious to know why quite a few of the high ranking officials in Iran were the first to contract it outside of mainland China?

Ok back to the musclecar market. Like everything thing else at this time, this market WILL take a hit and be down some. Will there be a 20% hit like some of the markets, don't know. I can see the average run-of-the-mill cars and not the cream of the crop stuff being down. Driver quality and others down as well.

AND HERE LIES THE PROBLEM. Parts are NOT going down! Body work prices are NOT going down! But with markets being down for the foreseeable future, the market will likely be hit. Now some may dump of their cars, but when a average 7/10 say late '70's F body (like 78-81 Trans am and Z28's) is going in the 20 range, makes it hard for a guy who has one that needs paint and some parts to get some decent $$$ for it.

I just finished a meeting with my financial guy, and what my stuff is down, NOT GOOD.

I don't worry about it, I'm not selling anything.

Ha, I was just going to post when I saw this.

They were just saying on the news this morning the regular flu has killed more people this year (as it does every year) than the Corona virus, yet we never hear about the regular flu in the news.

Kind of interesting how all this has blown out of proportion.

Keepin it real..
https://ncov2019.live/data?fbclid=Iw...0ZLzlq_9h-3RvQ

Guys, do you think China and now Italy would go on lockdown for a flu bug? Do you think there would be mass school closings, trade shows, conferences, trips cancelled globally? I am 55 and have never heard of these types of measures taken. I hope this runs its course when it warms up.

As for the car market, they will take a hit just like everything else but over time the best examples will make new highs. My 2 cents :)

Ease of spread and long live loiter time on surfaces is what makes it very different and difficult to control.

Otherwise it is the latest big Hoax for the media to exploit.

I certainly don’t pretend to understand the severity of this situation. I do see the world’s financial markets on a rollercoaster ride. Not just the US. It’s happening across the globe. Don’t have an answer other than to take my Camaro for a ride after work. Nothing Fake about that. Rob

The only reason H1N1 pandemic and its 545,000 deaths was downplayed in 2009 was there was no wish on the medias part to blame or tarnish the then current president. Italy Im sure doesnt know something secret about the virus that nobody else does, they are just trying to prepare for the worst.

[QUOTE=SBR;1487802]Guys, do you think China and now Italy would go on lockdown for a flu bug? Do you think there would be mass school closings, trade shows, conferences, trips cancelled globally? I am 55 and have never heard of these types of measures taken. I hope this runs its course when it warms up.

If they renamed the flu the “millervirus” and hyped it from day one and created mass hysteria through every media channel, yes the world would be on lockdown. The reality is we have become accustomed to living with the flu. There is not one vaccine that will prevent these types of viruses and again the people who are and will always be the most vulnerable ie people with underlying health issues will unfortunately be impacted the most. My 89 year old mom takes extra logical precautions each year. Most years she has been fine in past years she caught “ something”.
We all need to relax, get educated, talk to people around you, take precautions as needed but live life!!

I have not heard any news about the summer Olympics in Japan. I wonder if there will be spectators allowed? Maybe the spread will have died down by then.

An example of responsible reporting. The facts as they are:

https://www.scmp.com/week-asia/healt...n-rate-without

^^ Good link but I don't see people in the US wearing masks since there are none and there very limited amounts of testing kits too.
I do agree that the media is loving this.

Our media would report as follows:

South Koreans struggle to contain COVID-19 outbreak still nearly 450 infections daily, Millions at risk.:rolleyes2:

^^ Sad but true.

There was a report out that" worst "case it could kill 50,000,000.....I'd like to see what data was used to come up with that number

These underlying conditions make coronavirus more severe, and they're surprisingly common

https://www.msn.com/en-us/health/med...cid=spartandhp

I was in the Orlando airport sunday night and saw 4 people with masks. I dont know what language they were speaking but looked Asian. I saw 2 college aged guys eating with latex gloves on. I did see people using hand sanitizer and some on the plane wiped the seats off but that was about it.

I just deleted a post that was completely political in nature (Sorry EZ Nova). I understand the emotions and to some degree hysteria surrounding the Corona Virus, but this forum is about like minded people sharing our common interest ...our cars.... NOT POLITICS!


Regarding our car values, purchasing anything has its inherent risks. As we mature most tend to be less of a risk taker. My definition of a risk is purchasing something purely on speculation(stock market traders and classic car dealers are experts at).


The cars I own are very important to me and as a matter of fact during the meltdown yesterday I was thrashing on the orange RS/Z and quite honestly it took my mind off my stock market portfolio and 401k. Oh and filled and took advantage of the low cost of fuel.

Steve,

What are you running for fuel?

Sorry Steve, it was a joke and not intended to be political. Didn't mean to offend anyone.

Because its an election year?

Another news item that oddly enough cycled through and has no traction is this:

(actual DOJ link, not news site January 2020)
https://www.justice.gov/opa/pr/harva...-china-related

So you have a Harvard professor, who happens to be a biology expert, arrested for (redacted) but something to do with the "top secret" lab the Chinese were running, in Wuhan China.

Nothing to see here......

/Rich

Exactly... Shows that there was a significant connection between the two with several overlaps. Very interesting indeed and not many people talking about that as well.

/Rich

I wonder how many will attend car shows and swap meets this spring or if they will get cancelled. If everyone stays home in the garage, next season will be sure to bring out some nice finished projects or some really clean detailed hotrods! If this thing continues and I don't get jammed up because of media reactions or actual real deal problems, I should get caught on up everything I ever wanted to do around the house and in the garage. I do hope everyone stays healthy and we can look back later and Thank the Lord for seeing us through financially and health wise.

Tommy

This starts tomorrow & will be a good litmus test.https://www.mecum.com/
Mecum has reserves,so it'll be interesting to see if enough people show up to get past those reserve prices.

New York State Setting Up 1-Mile Coronavirus Containment Zone With National Guard

The state of New York is setting up a special coronavirus containment zone in the city of New Rochelle in Westchester County with the help of the National Guard, according to a press conference with state officials on Tuesday afternoon.

Westchester, which currently has 108 cases and is just north of New York City, became one of the worst hotspots in the country after a Manhattan lawyer who lives in the county was infected with COVID-19. His wife, two children, and the neighbor who drove him to the hospital also contracted the disease.

https://gizmodo.com/new-york-to-set-...new-1842241803

http://www.cnn.com/2009/HEALTH/10/24...ama/index.html

H1n1 declared a pandemic in April 2009 ,yet declared an emergency 5 months later only after millions already infected,20000 hospitalized and over 1000 dead, and that was just counting the United States. Heres the best part. From the start of the pandemic to its finish, the stock market in 2009 INCREASED by 40%.................No bad media means no hysteria

That is a very low mortality rate. And it was only 5 months after the pandemic started that a vaccine was found,

https://www.cdc.gov/flu/pandemic-res...-pandemic.html

The latest stats are:

119,176 cases

4,295 deaths

https://i.postimg.cc/PJMPJWbb/screenshot-7684.png

I would hope everyone interested in this virus situation do your own homework. In Seattle, life is currently quite different. To give you an idea of how much less people are going out right now, my wife drove home from work yesterday going through downtown at 5pm GOING THE SPEED LIMIT. Not saying that to be funny-I can't remember being able to do that on a work day in 20 years.

My wife is in the medical field, and has some doctor friends keeping tabs. She showed me the postings of a couple of doctors on the ground in Northern Italy. This is a well developed and supported part of the country. The thought was they downplayed the risks and it spread suddenly and quickly to the population. Though the percentages of people with bad reactions probably wasn't out of line with previous viruses, they all got sick at the same time and overloaded the hospitals and ER's, to the point where they're not doing elective procedures because they're trying to keep the ER afloat. The ventilators needed to keep folks alive are getting to be in short supply, so some of the hospitals are having to prioritize who gets them. If you have a pre morbidity or are into retirement age, they're going to prioritize otherwise healthy or younger people ahead of you-they're simply a better bet given the odds. This is what is feared by the other countries in Europe, and here as well.
Let's say this bug just takes out a good, quick number of the gray haired and infirm among us. That's pretty much the population every Goodguys, NCRS, and car club meeting I've been to in the last few years. Who's interested in being the one who brings the bug to your club, or your parents? Nobody here wants to die, but nobody REALLY wants to be Typhoid Mary of the Northwest, either.
I may be sensitive being in the eye of the storm here, but until you start seeing the fear and empty streets and stores, I don't think you're quite getting it.

Good luck with things Tom. We were a hot spot for SARS in 2003 and have about 30 cases of Covid-19 currently, so I completely understand where you are coming from. Some of the comments here are absolutely mind boggling. No one has immunity to this virus nor can the vulnerable get a vaccine to help protect them. Given that, a mortality rate 30 times higher than influenza and a much higher rate of transmission, I can’t understand how anyone would think it is nothing to be concerned with (unless you live in the boonies and don’t visit medical centers).

I sure wouldnt want to have to fly or be in large groups of people right now. Fortunately I dont have to do either . I have family members in New Rochelle and that area is said to be the biggest cluster of cases currently in the US.