james100
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Post by james100 on Mar 9, 2020 9:06:05 GMT
S&P 500 futures trading has just been halted and ftse100 down about 8% I would imagine some emergency rate cuts will be announced today to try to stabilize it all...we'll see... Not sure they've got too much room left for traditional style rate cuts. OK, I am sure. They don't. There is a little wiggle room. But it's already been priced in (US) and I don't think it will work anyway. I do see possibilities after that for a global stimulus program, more QE being used. Absolutely agreed there is far less scope that 2008/9...fond memories of the RBA (Oz) then cutting interest rates by 2% and chucking cash into everyone's bank account to make us spend!
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Greenwood2
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Post by Greenwood2 on Mar 9, 2020 9:55:26 GMT
Preventative measures should be taken prior to getting the disease with no cure ? Or should we self isolate after getting the disease? After getting it, or after being in close contact with someone who has it or is likely to get it, or if you are elderly with underlying health problems, or other groups of people at high risk, ie, with compromised immune systems. Until so many people have had it everyone has been in contact with someone at risk! Then if you're healthy just don't visit elderly Granny at high risk, keep in touch by phone and leave food boxes on the doorstep. 
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agent69
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Post by agent69 on Mar 9, 2020 10:20:55 GMT
Preventative measures should be taken prior to getting the disease with no cure ? Or should we self isolate after getting the disease? I am a bit perplexed by the whole situation.
We all know that you don't get the virus from eating a dodgy curry from your local take away. You get it from close personal contact with somebody who is infected.I would have thought that the best way to slow the spread of the virus is for healthy people to avoid contact with others. Don't go down the pub or to the footie, stay at home and only go out if essential.
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cb25
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Post by cb25 on Mar 9, 2020 10:24:42 GMT
Preventative measures should be taken prior to getting the disease with no cure ? Or should we self isolate after getting the disease? I am a bit perplexed by the whole situation.
We all know that you don't get the virus from eating a dodgy curry from your local take away. You get it from close personal contact with somebody who is infected.I would have thought that the best way to slow the spread of the virus is for healthy people to avoid contact with others. Don't go down the pub or to the footie, stay at home and only go out if essential.
How long will it take until Coronavirus has passed through the rest of the population, making it safe to come out again? 3 months? 6 months? A year?
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zlb
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Post by zlb on Mar 9, 2020 10:28:43 GMT
I heard through the grapevine that nitric oxide, although does not prevent the virus once you have got it stop the virus getting worse.  Disclaimer: I am not a practitioner.
here's a paper on it jvi.asm.org/content/79/3/1966This appears to be about SARS coronavirus not Covid-19
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cb25
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Post by cb25 on Mar 9, 2020 10:43:41 GMT
PHE lists Coronavirus cases in England by Upper Tier Local Authority
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IFISAcava
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Post by IFISAcava on Mar 9, 2020 10:44:57 GMT
Preventative measures should be taken prior to getting the disease with no cure ? Or should we self isolate after getting the disease? I am a bit perplexed by the whole situation.
We all know that you don't get the virus from eating a dodgy curry from your local take away. You get it from close personal contact with somebody who is infected.I would have thought that the best way to slow the spread of the virus is for healthy people to avoid contact with others. Don't go down the pub or to the footie, stay at home and only go out if essential.
Except for some of us, going to the pub and the footie ARE the essentials!
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Greenwood2
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Post by Greenwood2 on Mar 9, 2020 11:07:13 GMT
I am a bit perplexed by the whole situation.
We all know that you don't get the virus from eating a dodgy curry from your local take away. You get it from close personal contact with somebody who is infected.I would have thought that the best way to slow the spread of the virus is for healthy people to avoid contact with others. Don't go down the pub or to the footie, stay at home and only go out if essential.
How long will it take until Coronavirus has passed through the rest of the population, making it safe to come out again? 3 months? 6 months? A year? For most youngish healthy people catching the virus isn't much of a problem. If you're self isolating because you have/may have the virus they seem to suggest a fortnight. If you are at serious risk from the disease I guess until the worst of the outbreak is past, but you don't exactly have to lock yourself in a room just be sensible.
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registerme
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Post by registerme on Mar 9, 2020 11:16:02 GMT
There is a little wiggle room. Agreed, sure as hell ain't a "Greenspan put" though!
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 9, 2020 11:21:44 GMT
PHE lists Coronavirus cases in England by Upper Tier Local Authority but more than 24hrs out of date
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registerme
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Post by registerme on Mar 9, 2020 13:40:44 GMT
I'm curious about the Saudi oil price move. Even before guaranteeing Aramco flotation related dividends and bond coupons Saudi Arabia needed an oil price of ~$80 to balance its budget. Fine, they'll put the boot into Russia, and Iran, shale, "expensive" Western producers, and hard to refine heavy crude producers like Brazil, Canada and Venezuela, but.... long term? I'm not so sure. Even if they drive other participants out of the market it's not like they have the capacity to make up the shortfall. And the shale pain will no doubt annoy The Orange One.
I'm puzzled - cui bono?
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zlb
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Post by zlb on Mar 9, 2020 14:13:40 GMT
I don't know how reliable the figures coming out of China are, but I suspect the general trend is reasonably accurate. What China has shown is that the UK position of proportional action is nowhere near as good as draconian measures. Why we are still allowing people to fly to and from Italy is a complete mystery. The government should be discouraging mass gatherings of people (sports events, pop concerts) and dissuading all but essential travel. It would also be good if they encouraged people to stay home in their spare time rather than go out socialising. Telling people to wash their hands regularly isn't going to get the job done, because there are lots of idiots out there (like the Australian doctor who developed flu like symptoms while in USA, flew home and treated 70 patients at his medical practice before being diagnosed with Coronavirus).
Not such a mystery to me. Covid-19 mainly targeting pensioners is a godsend to our government. Offloading a few tens of thousands of us from the pensions bill would help balance the books no end. If our government were at all concerned, they would be building emergency ward facilities right now, as China did. It suits the bigger picture not to. And it's far cheaper to advertise hand washing, while spinning the fiction about the NHS being all geared up ready to cope. If pensioners with their defined benefit pensions die, then who is going to help their children financially, for example, in the long running housing crisis? The current economics of 'the pensioner' is far reaching.
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easynow
Member of DD Central
Popcorn anyone?
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Post by easynow on Mar 9, 2020 14:17:23 GMT
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Greenwood2
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Post by Greenwood2 on Mar 9, 2020 15:48:04 GMT
Not such a mystery to me. Covid-19 mainly targeting pensioners is a godsend to our government. Offloading a few tens of thousands of us from the pensions bill would help balance the books no end. If our government were at all concerned, they would be building emergency ward facilities right now, as China did. It suits the bigger picture not to. And it's far cheaper to advertise hand washing, while spinning the fiction about the NHS being all geared up ready to cope. If pensioners with their defined benefit pensions die, then who is going to help their children financially, for example, in the long running housing crisis? The current economics of 'the pensioner' is far reaching. Do you mean grandchildren? Pensioners most likely to die from the virus are going to be in their 80s we might hope their children are well grown up and settled with their own families. Not to mention defined pensions are not necessarily big pensions (well mine isn't!). 'building emergency ward facilities' Plenty of empty (of tourists) hotels to use for hospital beds if necessary, but most patients don't need hospital treatment, just treat as any other virus: rest, take over the counter remedies for high temperature, etc (if you can buy any!), drink plenty of water and watch tv.
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Post by bracknellboy on Mar 9, 2020 19:34:04 GMT
what is going on with the numbers coming out of Italy ?
"Italy's coronavirus death toll has jumped by 97 to 463, as Prime Minister Giuseppe Conte described the outbreak as the country's "darkest hour".
The number of confirmed infections in Italy also increased to 9,172, up from 7,375 on Sunday, official figures show. "
The deaths/confirmed cases is around 5% (not bothered to get the calculator out). But that is against a 'confirmed cases' number which is growing v. significantly daily. QED the "deaths / (confirmed cases at (today - median time to reach status = dead))" is a much higher number.
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