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bornontheblue

Corona Virus - How bad is it going to be?

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54 minutes ago, westfan said:

Those stats on age are probably the same for the flu, the big difference is there is no vaccine yet. My concern is the new case found in Sacramento and the patient claims no travel and has no idea of how it was contracted, at least for right now. News says the case was found in Solano County, not Sacramento, Travis AFB is there, connection?

Flights from the far East come into Travis.  There could be Air Force personnel on those flights from South Korea and Japan who may have had exposure and not known it.  The odds are the patient is from Fairfield or nearby. 

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8 minutes ago, happycamper said:

Do you think the coronavirus is the reason or is it just an excuse for a correction?

The global supply chains and travel are not likely to improve in the near future.  That means  significant negative global economic impact is likely.  That translates to investors moving their money to less volatile investments. 

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This is going to suck more than i originally thought.   I was setting up a 10 day trip to the Big Island in late march....had already been putting it off.

The wife doesnt want to sit on a plane with others now....and im sure we arent the only ones.

I am turning from optimist to pessimist quickly.

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47 minutes ago, happycamper said:

I mean if your investment window is long enough, it is always time to buy buy buy

 

49 minutes ago, WAC_FAN said:

Isn't this the time to buy buy buy?

What happy said. We aren’t near the bottom yet if you’re looking to make the maximal quick buck.

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1 hour ago, happycamper said:

Do you think the coronavirus is the reason or is it just an excuse for a correction?

Corona Virus is certainly the reason and this is well understood, It is disrupting international commerce WAY more than the Tarrifs did. Why , what do you think is causing this? 

I think we are headed for a mild recession because of this. 

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16 minutes ago, Jackrabbit said:

This is going to suck more than i originally thought.   I was setting up a 10 day trip to the Big Island in late march....had already been putting it off.

The wife doesnt want to sit on a plane with others now....and im sure we arent the only ones.

I am turning from optimist to pessimist quickly.

Yeah... I'm going to DisneyLand (yippee) in late April. We'll see if the trip even happens now! 

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1 hour ago, happycamper said:

Do you think the coronavirus is the reason or is it just an excuse for a correction?

It's rarely one thing, right? I think we were due for a correction, and the virus is sparking it. I also think the market is reacting to Bernie's ascendancy. 

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