great article, last statement is spot on, carry highest weight-quote:- Unfortunately, Ramadan is just around the corner. Will Malaysia allow the 1 million legal and 1 million illegal Indonesians and other foreign workers to go back for Ramadan. Do we have the resources to check, test/quarantine them when they come back. What about illegal channels of entry? Will we have another wave after Ramadan?
say, the fight against covid-19 is a complete failure globally....where people are eventually forced to work ..so that they can have food at their table..inevitably accepting that there will be thousands dying...
what should the market pricing be then?
say 3% of the entire world population dies in a year...the 5% growth of real GDP globally will become 2% then...
and this is just for 1 year
should that make the DJIA drop to 18000?
no doubt the world is currently facing extraordinary circumstances...and as always there will be extraordinary solutions when things escalate
If i think i will survive the next 1 year...the market will too
If im not gonna make it...it does not matter what happens to the market anyway.
Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted.
Now he foresees a similar outcome in the United States and the rest of the world.
Even if current quarantine measures to contain/'break the chain' of covid 19 spread fails....and countries are forced to allow to work again...and cases rise again...
the second lock-down after a period of relaxation of the rules will be much more effective to eliminate the virus...since everyone will be much more knowledgeable and disciplined...
the public habits can only improve....this will enable elimination of the virus eventually..
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chinaman
3,256 posts
Posted by chinaman > 2020-04-05 10:49 | Report Abuse
great article, last statement is spot on, carry highest weight-quote:-
Unfortunately, Ramadan is just around the corner. Will Malaysia allow the 1 million legal and 1 million illegal Indonesians and other foreign workers to go back for Ramadan. Do we have the resources to check, test/quarantine them when they come back. What about illegal channels of entry? Will we have another wave after Ramadan?