Corona/Max effects
02-27-2020 | 12:42 PM
#74
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Joined: Jan 2017
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From: Pilot
It seems possible that it will not be the virus itself that does the most damage, but the behavior of people responding to the “perceived” risk.
If/when there is a global recession/depression, job losses, crisis of governance will cause much more damage than a virus with a mortality rate of 2%.
A furlough will be much more damaging to my family than a virus that will likely be no more symptomatic than a flu (for our age group and overall health).
If/when there is a global recession/depression, job losses, crisis of governance will cause much more damage than a virus with a mortality rate of 2%.
A furlough will be much more damaging to my family than a virus that will likely be no more symptomatic than a flu (for our age group and overall health).
02-27-2020 | 12:44 PM
#75
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Joined: Feb 2018
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From: B-737 Captain
WOW. The DOW only dropped 508 points on Oct 19, 1987.....BLACK MONDAY!!!!..... of course, 508 points was 22%. Today's drop was 4.4%. Hardly the apocalypse.
fun facts:
2009-2016 Dow 6500 to 18500. 180% gain. CHA CHING
2016-2020 Dow 18500 to 25700. 39% gain. meh
fun facts:
2009-2016 Dow 6500 to 18500. 180% gain. CHA CHING
2016-2020 Dow 18500 to 25700. 39% gain. meh
02-27-2020 | 01:28 PM
#76
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Joined: Jun 2011
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Exactly. It’s the % that matters.
02-27-2020 | 02:13 PM
#77
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From: CRJ9 CA
02-27-2020 | 02:15 PM
#78
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Joined: Jan 2014
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Professor, your 2009-2016 numbers need another look.
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