As I said. You are listening to pundits who are spinning. I listened to President Trump and he said what he said. If you insist on using second hand sources you can be fooled in all sorts of ways.
You are correct. In an earlier post where I mentioned this I also expressed some concern about whether data coming out of China is reliable. If, as some hypothesize, the disease is hard to detect, the mortality rate may be much lower BUT if that means the infection rate is proportionally higher the consequences would still be dire.
Best to prepare for a serious outbreak, because if, as we all hope, coronavirus proves to be readily containable, this is not the last new disease that will spread rapidly in our globalized world.
Yeah, the present value has shifted downward significantly. But now my contributions (like with yesterday’s paycheck) will be at a significant discount. I’m an advocate of dollar cost averaging with low cost total market indexes (or S&P500 at the least). I haven’t lost money cause I haven’t sold anything. In fact, I’ll likely buy some SPY puts on Monday and eventually some calls once I feel it’ll rally back.
No one has lost any money unless they’ve sold in the dip. People shouldn’t trade emotionally.
Hell, just go down to your local liquor store and buy a bottle of 120 proof vodka to sanitize. (with added benefits)
If you don’t have a mask, salt water over something homemade may be of some benefit as well. I’m pretty sure you could use salt water as a hand sanitizer as well…
The salt coating, which has been under development since 2015, essentially works to kill any particles of the virus it comes into contact with.
“When virus-carrying water droplets sit on the surface, the salt dissolves and water begins to evaporate,” he explained. “During the evaporation process the salt crystals begins to grow and a very sharp edge of the crystal basically destroys the virus.”
You might want to stop running around proclaiming how easily this will be contained when they did not even have adequate testing in place when the first community spread cases started emerging