Coronavirus gains ground in Europe

Discussion in 'MKJ Off-Topic' started by 901 Club, Feb 24, 2020.

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  2. DJ4SC

    DJ4SC Junior Member


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    #2
    Here we’re up to 35 cases with 14 of those being allowed into the Country against Trump’s wishes.

    China lied bigly and I think the numbers are going to rise before they start to level out. Of course this also depends on the readiness of each country and the willingness to take strong measures until the threat is past.
    In the meantime the markets will be affected. Last I heard the DOW was off 750 so the sell off isn’t a panic drop just yet.
     
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  3. SCBIGTIME

    SCBIGTIME Junior Member


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    #3
    The world collectively is taking their lumps for putting all of their eggs in China's basket.

    If you have supply chain issues because of the Corona virus, I don't feel sorry for you.
     
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  4. GaryB

    GaryB Junior Member


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    #4
    Idiot: Last night, the Fed was charging 1.58% for cash in the overnight markets, while the 10 year bond hit 1.36%. So, in your analysis what happens to money market accounts? No need to answer, you haven't a clue. Unlike Europe, where sovereign debt still exists as an arbitrage, the US markets have to depend on derivatives. The Money Markets don't have a mechanism to protect funds should the Fed get stuck between ZIRP and negative bonds. That's $3 trillion at risk with no offsets to protect investments. Now, that will be a panic as people see their cash balances declining.

    Truly one of the dumbest comments ever. When Peter Navarro made the comment on Sunday, I didn't think anyone was dumb enough to not find it ridiculous. Oh well, live and learn.

    The silver lining in the virus is Trump can blame the recession on it. But, the recession started in September, when the yield curve inverted and the Fed began QE. The credit markets are always way ahead of the equity markets. This time period has proven to be no different.
     
  5. DJ4SC

    DJ4SC Junior Member


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    #5

    Shut the fuck up.
     
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  6. SCBIGTIME

    SCBIGTIME Junior Member


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    #6
    Trusting a tyrannical authoritarian communist government to be the backbone of your industry is dumb. Defending tyrannical authoritarian communist governments is reeeeeaaaaaalllllly dumb....
     
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  7. GaryB

    GaryB Junior Member


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    #7

    At least the idiot shuts up. You're really going to continue with the ridiculous? Every country wants to be self-sufficient, and as soon as they figure out how to pay for it, they will nationalize the supply chain.
     
  8. SCBIGTIME

    SCBIGTIME Junior Member


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    You seem to enjoy digging holes, deep ones.

    Just last week, 2 of our customers sent surveys asking how much of our operation is located in China and/or how much of our supply chain is reliant on Chinese suppliers. I responded to both surveys, "none'. We are 100% DFARS compliant and therefore the ChiComs can sell their shoddy wares elsewhere.

    Really Gary, the world will survive without licking the ChiCom's boots. But you go ahead and keep waving your ChiCom pom poms, that's what we've come to expect from you.
     
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  9. xuscx

    xuscx Junior Member


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    #9
    Market was way over extended, not a surprise here. Its easy to say make everything in the US, costs do not allow it, we are not going to pay $75 for a polo shirt when we can buy them at Kohls for $11
     
  10. denali15

    denali15 Points Member


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    #10
    You are correct on that last point. As you point out, Trump, who has been touting the market, gets a pass on both any recession and the stock market. GHWB lost his re-election because of a mild recession just before the election. Obama won because of a big hit just before. Trump is immune, no pun intended, if that happens, as you point out.
     
  11. DJ4SC

    DJ4SC Junior Member


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    #11

    Figures, first the Big Dummy drops a turd and here you come to sniff it.

    Jobs do allow us to buy our own goods. Sober up.
     
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  12. DJ4SC

    DJ4SC Junior Member


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    #12

    Yet you never do.
    Go eat one of your graphs. You have never been right here yet so why in God's name would the Big Dummy be now?
     
  13. xuscx

    xuscx Junior Member


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    #13
    As usual, I have no idea what you are posting about
     
  14. DJ4SC

    DJ4SC Junior Member


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    #14

    That's the first step.
     
  15. GaryB

    GaryB Junior Member


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    #15
    You have progressed from nonsensical to complete gibberish. You began your nonsensical post writing about the supply chain and the Virus. Now, you are adding gibberish about DFARS?

    Perhaps your two customers thought you sourced from Italy? Italy is on the DFARS list of sources.
     
  16. SCBIGTIME

    SCBIGTIME Junior Member


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    #16
    Just because you have even less of a clue than you usually do, that doesn't mean you have to display to the world how poorly informed you really are. Just say no to China and pro-ChiComs.
     
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  17. 101Coast

    101Coast Points Member


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    #17
    What industry are you in Bigtime?
     
  18. xuscx

    xuscx Junior Member


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    #18
    Basically the only manufacturing left in the US is protected by regulations, and the right says they will get rid of regulations
     
  19. DJ4SC

    DJ4SC Junior Member


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    #19

    Please list what manufacturing is still done here and those regulations.
     
  20. TroyBill

    TroyBill Junior Member


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    Gary please spare us this nonsense. You know well as anyone the market is emotional. Two things have happened. The Corona virus getting out of control has got people rattled and Bernie as a possible democratic nominee has also contributed to some of this. You are trying to create some scenario that fits your stock market prognostications. It will come back. You seem to want to go out of your way with a case of the "ahaas" every time the market dips showing that you were correct. A broken clock is right at least twice a day.
     

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