Yes, but keep in mind, that lots of people are stuck at home now, but are still getting a salary and in many cases are (supposed) to be working from home. They still have the money to spend, but limited options on what to spend it on.
While I personally don't read Seeking Alpha any more, I used to be an avid reader and I've read James Coleman's work previously. I think he's worth a follow - you are in for a treat. Clearly this first article is simply meant to serve as an introductory piece and give a taste of his past work. I'm sure we'll find more in-depth articles by him in the future.
James, please don't be put off by the lukewarm reception a certain Angry Lady has offered. It is not representative of the general community here.
I keep seeing 3.4% everywhere. Where did you see only 1.7%? I find that surprising considering so few people have been tested. Once we start getting mass tests like South Korea, I do expect the mortality rate to fall considerably. And if you look at the link @[Leslie Miriam](user:28430) shared below. death is not the only long-term repercussion of being infected. Many of those recovered have persistent problems after.
Actually, your data is out of date. You can not compare a year of the flu to a couple months of the coronavirus - it is just getting started here. Plus the flu kills less that.1% of those infected. Covid19 kills 3.4% (and 6.6% in Italy). That's 34 to 66 times more deadly!
You say save the old, let the young get sick. Makes sense to me, the elderly are the most likely to die, while the younger you are, the more resistant you are. Italy by contrast is planning to leave anyone over 80, to be left to die, by denying them health care:
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Coronavirus Lockdown Leads To Gaming Boom: 5 Stocks To Watch
Yes, but keep in mind, that lots of people are stuck at home now, but are still getting a salary and in many cases are (supposed) to be working from home. They still have the money to spend, but limited options on what to spend it on.
The Canadian Cannabis Report - A Preview Of A Coming Attraction
While I personally don't read Seeking Alpha any more, I used to be an avid reader and I've read James Coleman's work previously. I think he's worth a follow - you are in for a treat. Clearly this first article is simply meant to serve as an introductory piece and give a taste of his past work. I'm sure we'll find more in-depth articles by him in the future.
James, please don't be put off by the lukewarm reception a certain Angry Lady has offered. It is not representative of the general community here.
US Jobless Claims Tonight May Kill The Rally
A great read. Highly recommended.
We Squandered Our Money On Stock Buybacks But Don't Blame Us
Perhaps but it artificially inflates the stock price, plus they buy to later unload in a recession.
I'm A Coronavirus Heretic. Here's Why...
It is too late for that.
Coronavirus And Brexit – The Key Events Investors Cannot Afford To Overlook In 2020
Have your views changed at all now that the coronavirus is such a greater threat than we originally thought?
I'm A Coronavirus Heretic. Here's Why...
I keep seeing 3.4% everywhere. Where did you see only 1.7%? I find that surprising considering so few people have been tested. Once we start getting mass tests like South Korea, I do expect the mortality rate to fall considerably. And if you look at the link @[Leslie Miriam](user:28430) shared below. death is not the only long-term repercussion of being infected. Many of those recovered have persistent problems after.
VOO Vs. VTI: Which ETF Is A Better Investment?
Nice explanation. I prefer $VTI when combined with $BND and $VXUS. $VOO I always purchase alone.
I'm A Coronavirus Heretic. Here's Why...
Actually, your data is out of date. You can not compare a year of the flu to a couple months of the coronavirus - it is just getting started here. Plus the flu kills less that.1% of those infected. Covid19 kills 3.4% (and 6.6% in Italy). That's 34 to 66 times more deadly!
I'm A Coronavirus Heretic. Here's Why...
You say save the old, let the young get sick. Makes sense to me, the elderly are the most likely to die, while the younger you are, the more resistant you are. Italy by contrast is planning to leave anyone over 80, to be left to die, by denying them health care:
www.telegraph.co.uk/.../italians-80-will-left-die-country-overwhelmed-coronavirus