Day 24
Day 24
It truly is a dead cat bounce today
The difference is 2020 is a manufactured crisis and the other two aren't. Shite graph.
baby boomers retiring en mass will no longer be buying, this is something that would happen in the next couple years, crisis or not
where is this from?
> The bottom is coming A YEAR from now
Yikes
I recreated another graph I found from somewhere else and I'm updating it in Excel.
I enjoy these threads and salute you sir.
BUT BULLFAGS SAID THIS WAS THE BOTTOM
/thread
Is it?
No its just cope for retards who want to blame a shitty fragile economy that was on the verge of popping anyway purely on the Wuhan flu.
Do u even know anything about the housing bubble? CDOs? CDS?
The very ducking definition of manufactured, u total imbecile
But we didn't have our advanced Money Printers™ in those other crises.
Seriously OP sauce
See you guys in another 25 years
The US loses 30,000 people annually to flu
The world loses 500,000
We currently have 600 US deaths from corona
And 17,000 globally
China had peak incidence and recovery within three months
New cases and deaths in Italy are already declining
If we don't start seeing at least 50x the daily incident disease rate and death rate we're currently seeing it's not even as important an illness as the flu
The normal, seasonal, non-pandemic flu
That nobody even thinks about
Cases are declining in Italy and China beacuse literally everyone has quarantined themselves under mandatory curfew. This is how we will remain to live until a vaccine has been developed; hopefully before it mutates and we start from square one. Business' will be obliterated and supply chains severely disrupted. I don't think you understand the gravity of this my dude.
Yeah, we used to say that here in spain and because of that similar speach we didn't take it as serious as needed.
Death rate is not the issue. Contagiousness is.
I really doubt any sanitary stystem is capable to resist an outrage number of cases produced by Covid (with the necessary tools for treatment). Your in trouble just like us, not a flu buddy.
Plus, after 3/4 days of quarantine police and security employees will have authoritarian attitudes and disproportionately arrets will bloom. Welcome to coronalifestyle.
So next big drop incoming, then several weeks of climbing. Sell your puts after this drop, then either go cash or buy long dated puts. Short calls can be played with but don't put all your eggs in one basket.
>Comparing annual ESTIMATES to real numbers over months.
>Comparing virus with global saturation to one just starting out.
This is big brain time guys.
No the difference is that they're trying really fucking hard to prevent it whereas the other ones just happened. You're seeing a graph after it had reacted to the news of 6 trillion in gibs along with circuit breakers and all that side stuff supposed to prevent a depression. None of this was there in 1929.
It's safe to say there are many theories as to how this bodes for the 2020 market. Personally I see limited comparisons to 2008 in this chart.
I'm banking on a shortened depression. Swift drop with how hard 1/3rd of the economy has been put out of service for a month. A lot of volatility and turbulence. Then a recovery in the latter half of 2020 after the keys to the economy turn it back on. This is basically it, stopping it then starting it right back up.
I don't know much about history but didn't the government do a bunch of stuff to try and prevent the great depression as it was happening, in real time, much like now?
This guy clearly used a hair dryer on his face to kill the virus.
Imagine calling the game in the first quarter.
Also being so lost you cant differentiate between deaths and mortality RATES.
Nice. I will note that in my records.
I'm going with a roughly W recovery. I see a bump after the stimulus is dropped, but I do see another downturn to a similar bottom to the one we saw last week. I also agree though, the latter half of 2020 feels like a recovery as it becomes clear we have developed some kind of herd immunity to Corona, and new cases begin to truly decline.
If USA's numbers keep doubling every three to four days, it'll be three to four more weeks until CoViD deaths equal annual flu related deaths, and we no longer have to see this copy/pasta again
These threads are great, keep doing this OP.
Some fine choco milkies for your effort.
Yeah bro we had the strongest economy ever!
>30k to flu
Fake news. 2009 swine flu (bad seasonal flu) killed ~12k out of ~59m American infections, or a 0.02% mortality rate. The 30-60k numbers are pure ass-pulls that ascribe all respiratory deaths above a bullshit baseline to flu.
This is much different than the '08 crisis. Every type of fault in a market by your definition could be considered 'manufactured'. The '08 crisis was faulty banking that was enclosed to the banking system itself, obv joined with lessees. This crisis was manufactured in a way that many players are at hand and agendas are being pushed left and right. Just read the fucking bailout bill and see what the democrats are putting in it. Corporations that accept the bailout need to stay above a minimum percentage of diversity in their corporate ladder., abortions under Coronavirus care are paid by the taxpayers, well-fare system is going to increase 10 fold. Bill Gates recently paired up with an identification company that wants to put chips into over 1B people who are 'identified'. You can't be that blind.
>didn't the government do a bunch of stuff to try and prevent the great depression as it was happening, in real time, much like now?
Yes, but not as aggressively as we're seeing now. Back then everyone was still on the gold standard, so central banks couldn't print trillions like the current fed. The US government reacted with fiscal stimulus, but it was too little too late. People hated Hoover for his inaction. People called the shanty towns "Hoovervilles" because of how badly he fucked up.
Coronavirus is far deadlier than they're letting us know.
Only time and isolation can burn this thing out now.
People need to understand that the world isn't always a 'safe space' and sometimes bad things do happen.
Everyone needs to prepare themselves for the inevitable.
Now read the first letter of each sentence.
Based paranoias
>source: my hairy butthole
>The 30-60k numbers are pure ass-pulls that ascribe all respiratory deaths above a bullshit baseline to flu
So you're saying CV deaths would just be lumped in to flu deaths if we weren't being pants on head retarded?
>If USA's numbers keep doubling every three to four days
Why would this absolutely happen?
>comparing an entire year to an exponentially growing month
hello retardo
Negro. Currently 2,000 die a day from coronavirus. Spreading that to a year that is 700,000 people.
Just the flooo
It's actually over this time. This is the real bottom. 30k Dow is up next
>manufactured
????
.... but its day 38 right now
Come on I thought we were all autistic, how am I the first one checking the data points...
Why does it get so much worse 250 days from now? What happens then?
Don't worry everybody! The market always comes back eventu-
The market peaked in 2007 and had a gradual decline until 250 days in when Lehman Brothers, Bear Stearns, Merrill Lynch, Fannie Mae, Freddie Mac, Washington Mutual, Wachovia, Citigroup, and AIG failed.
Thanks user
1929 was manufactured by the fed raising rates
Is it too late to short S&P500?
It's going to look more like 1920 imo, short sharp recession and then an immediate bounce back.
Based and true
>17000 globally
Try 14 million in china
>that image
Probably a coincidence, but I miss the greatest place on the web. Soft pillows, anons.
It did come back though, around 2018/2019. Granted it's falling now, but still.
the fact that anyone believes a V-shaped return to normal is possible is fucking retarded and they should be sent to special ed. the market is kaput and is currently only being sustained by the delicious, steamy tendies coming out of the printer
buying puts all day , this is a sucker's rally