%% Exactly; even though DAL sector may think like you, me too. And it looks like the market found out the FLU is far more deadly. The bird flu was like climate change, not many believed it. I did enjoy the MS millionaire; David Bach =Start Late + Finish Rich. That's strange ;MCD is shutting down a bunch of Chicom stores + the market loves it. I buy coffee @ MCD, not their stock LOL....................................................................................
Chinese hospital services maxed out already only treating estimated 2000 and thats it, everyone else who has it bad enough to need treatment dies at home bad times Death rate without treatment expected 20 to 30 percent. Without the lock down, millions ill and dying. Looks like not gone wild, we got lucky hopefully this time, still early days, simple mistake, infected person goes to airport infects 100 before they fly all over the world and we are screwed.
Millions ill and dying? The death rate is 4%. What's the treatment? From what i've read there doesn't need to be much treatment as the symptoms are mild.
They need Oxygen supply and ventilation on worse cases, chinese hospitals cant treat any more people, so new cases have no available treatment death rate will shoot up. Logic!
It's a potentially super serious issue that is under control so far. People are understating the risks on this site. I read the other days that SARS cost $4B final tally in Canada. So even if the fatalities are limited outside of China the financial impact is real. I don't think many NA investors realize the large impact Asian consumer markets have on a lot of companies. The biggest irony on this site is we always have several permabears talking about pure nonsense reasons why markets should or are correcting. And when REAL reasons exist, they fail to grasp them ( eg the trade wars in 2019, the virus ) or minimize their potential to impact markets.