Corona virus cases will skyrocket in a week.

It's media hype to be sure. But the reaction to it can have a real effect. If all the fruitcakes stay home and cower in fear then nothing moves.

I was consulting with my step dad about making a purchase in the stock market or if I should sit on my money and he was less than optimistic about buying right now. He feels that we will dip further. He works for GE, high on the food chain. GE is leading Biomedical supplier and researcher.

You can watch where the money goes and have a fairly good idea how things will pan out. In this case, I am confused. Investing legend Warren Buffet just bought a million shares of Delta Airlines. But my step dad told me to hold my horses.

The virus data is obviously saying this isn't anything to worried about. It isn't a killer any more than the flu is so far. But hype and fear will influence the market in a big way. And that means freight may not move like it should, which will hurt us all.

 

I'm pretty sure me and the kat have it already. In fact we've had it for or awhile now.

Picked it up in Washington. Ssf o then we went Socal, where the receiver were about 8 Asians, half wearing masks.

So then we went to Denver.
So then we went to New Jersey.

Now were in SD, on our way back to Washington.

So it's too late. It's loose. It's incubating in the cells of people everywhere, waiting to hatch.

 

Wuhan closes 11 makeshift hospitals on new cases slowing down.

Oil and virus fears are triggering market crashes. Expect a 50% drop on the dow Jones. Saudis and Russia are pricing each other out of business.

 

That street runs both ways. I found your, "If the numbers aren't perfect just ignore them" bit especially LOL! Math is hard!

I made two points in my original post:

1) There's more than just one version of the virus. There will probably more versions with different characteristics before this is done.

2) The death rate gets much higher when medical facilities get overwhelmed. At current infection rates US medical facilities will be overwhelmed in early May. Death rates will increase not just for the China Flu, but for other conditions that usually aren't fatal.

Both valid. Sadly, you've chosen to focus on wishful thinking and CDC talking points to attack the facts. The CDC are the same clowns who:

*Botched the rollout of test kits. Initially handing out defective kits then trying to refurbish the defective kits. Then waiting to start producing new kits. All the while blocking states from doing their own testing.

*Still allow people to fly into the US from Northern Italy and other high infection areas with NO SCREENING!

*Still sitting on the capacity crisis. China built about a dozen new hospitals in days to build capacity to treat their sick. We'll run out of hospital beds in ~two months and they're doing NOTHING!

Things are going to get a lot worse before this is over. Buckle up, we're in for a bumpy ride.
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For everyone else - they're already talking about quarantine areas in the US. Unclear whether that means freight is dropped off at a transloading facility where other trucks driven by drivers in hazmat suits will make actual deliveries (like China does) or something else.

*

 

50%??? lol
Really???

1929 again???

 

Ted Cruz in self-quarentine.
https://www.washingtonpost.com/world/2020/03/08/coronavirus-live-updates/

 

CNBC was saying 20 - 30 % this morning.

It's getting close to 20% already.

I could see 50% though. Earnings and revenue is going to suck for a few months.

 

Lol

 

If we wanted to preserve congress (WHY SHOULD WE? //snark) ship them to Mount Weather as a drill for a while. Nothing in or out of that facility while they run the nation in peace and quiet.

 

And Diesel will be 50 cents a gallon.