Musclecar prices and the possible recession

[Astock]

Use cars for an example:

3,250 killed daily, around 100,000 injured-disabled every day.

Maybe 100 years ago, this virus would be a different story.

Restrict travel from heavily infected areas. Airlines need to take the big hit, along with other businesses like hotels, cruises. Not too late to short travel related companies.

Things will be back to normal in 4 to 5 months, or less.

[markinnaples]

Unconfirmed of course, but heard a rumor the President is declaring a state of emergency at 3 pm today. Not sure if that will happen, or what it means if it does.

[Mr70]

Sigh.

[Lee Stewart]

Originally Posted by markinnaples

Unconfirmed of course, but heard a rumor the President is declaring a state of emergency at 3 pm today. Not sure if that will happen, or what it means if it does.

Trump to declare a national emergency in response to coronavirus

https://www.msn.com/en-us/news/world...cid=spartanntp

[Lee Stewart]

[NorCam]

LOL

[the427king]

Stock market up 2000 pts today or 10%....but I can find an article about it like yesterday when it was more important than the virus coverage as it dropped 10%

[Lee Stewart]

New Coronavirus Test 10 Times Faster Is FDA Approved

U.S. health regulators have approved a new coronavirus test that will speed up by tenfold the ability to test patients, helping solve a significant obstacle to American efforts to contain the virus.

The Food and Drug Administration granted “emergency use authorization” to the test, which runs on Roche Holding AG’s cobas 6800/8800 systems. The 8800 system is capable of testing 4,128 patients a day, and the 6800 version can test as many as 1,440. The tool also is available in Europe and countries that accept its CE marking for medical devices.

Roche shares traded 11% higher at 1:29 p.m. in Zurich, the steepest intraday increase since 1997.
“We are increasing the speed definitely by a factor of 10,” Thomas Schinecker, head of the Swiss drugmaker’s diagnostics unit, said in an interview.

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

[the427king]

Yes. Quest and bdx as well. The market went up almost 1500 alone just duing his 30 minute speech, but here is the headline "trump gives worse speech of his presidency" https://www.yahoo.com/news/trump-jus...204700719.html

[Unreal]

Originally Posted by markinnaples

Or maybe she's bought into the panic you haven't. There are several sides to this story. I think caution and not putting yourself into compromising positions, especially if you're on the higher end of the danger spectrum, is the best course of action. Otherwise, go about your business, intelligently living and staying informed.

True. Or maybe she's trained in falling elevators, so she knows what she's screaming about.

Another analogy; guy falls off a 20 story building. At the 10th floor, he says, "So far, so good"

I'm with you, I believe in prudence, not panic, but I think those who are recommending prudence may be better informed than we are. Some confuse prudent measures with panic. My son is a doctor, and he has called twice this week to stress how serious this is, and that we are still in the early stages. Smart people are giving us advice, that I plan to follow. Others may choose a different course of action.