I ordered 2 sets from ebay 1rs5 surgical set at pre crisis price delivered within week all goodthanks for your feedback on the ground. If you need masks you can still get some good ones(3M P2/N95 with valves) for double price on Ebay AU delivered. I suspect those will be gone and prices up once coronavirus hits it big time here.
First death in the USA.i would not be surprised if, as Italy, it is already spreading there in hiding
If it's contained in time, it will fizzle and everyone will wonder what all the fuss was about. Authorities here seem a bit complacent. A few cases here where they didn't quarantine anyone and let them keep working after being exposed.A sense of perspective as Mr Tagliaferro says - there are up to 650,000 annual deaths from the flu. This isn't the Black Plague or Smallpox, nor anything like it. Soon enough there will be a vaccine.
Source:
https://www.morningstar.com.au/
Anton Tagliaferro, investment director at Investors Mutual Limited, on Friday detailed how the correction is affecting IML's portfolios.
...In times like these, Tagliaferro says there are a few things to bear in mind:
The correction is happening at a time when many sharemarkets around the world had reached record highs on investor optimism of continued world growth, with many stocks arguably in over-valued territory.
While the coronavirus is being taken very seriously by government authorities, so far the virus has led to around 3,000 deaths. To keep this in perspective, it is worth noting a 2017 World Health Organisation study attributed between 300,000 and 650,000 deaths per annum from the annual influenza virus...
The thing is influenza is basically endemic and has a kill rate of about 0.1%, COVID19 is only at the beginning and had a kill rate of 2-3%.A sense of perspective as Mr Tagliaferro says - there are up to 650,000 annual deaths from the flu. This isn't the Black Plague or Smallpox, nor anything like it. Soon enough there will be a vaccine.
Source:
https://www.morningstar.com.au/
Anton Tagliaferro, investment director at Investors Mutual Limited, on Friday detailed how the correction is affecting IML's portfolios.
...In times like these, Tagliaferro says there are a few things to bear in mind:
The correction is happening at a time when many sharemarkets around the world had reached record highs on investor optimism of continued world growth, with many stocks arguably in over-valued territory.
While the coronavirus is being taken very seriously by government authorities, so far the virus has led to around 3,000 deaths. To keep this in perspective, it is worth noting a 2017 World Health Organisation study attributed between 300,000 and 650,000 deaths per annum from the annual influenza virus...
And a couple of pallets of beans?I'm still of the opinion of get fit and get finances in order....
The thing is influenza is basically endemic and has a kill rate of about 0.1%, COVID19 is only at the beginning and had a kill rate of 2-3%
The thing is influenza is basically endemic and has a kill rate of about 0.1%
This is an immature figure and could be highly inaccurate, with only 2 months of data.COVID19 is only at the beginning and had a kill rate of 2-3%.
The face mask will be usefull, with that many beans.And a couple of pallets of beans?
Fund managers have to say that. Douglass at Magellan, and many others are coming out with risk unaware crap. If they sell, then buying back is a nightmare, because they have to Time The Market twice. And they can't do it even once. Different story dropping a few thousand and offloading multiple millions.A sense of perspective as Mr Tagliaferro says - there are up to 650,000 annual deaths from the flu. This isn't the Black Plague or Smallpox, nor anything like it. Soon enough there will be a vaccine.
Source:
https://www.morningstar.com.au/
Anton Tagliaferro, investment director at Investors Mutual Limited, on Friday detailed how the correction is affecting IML's portfolios.
...In times like these, Tagliaferro says there are a few things to bear in mind:
The correction is happening at a time when many sharemarkets around the world had reached record highs on investor optimism of continued world growth, with many stocks arguably in over-valued territory.
While the coronavirus is being taken very seriously by government authorities, so far the virus has led to around 3,000 deaths. To keep this in perspective, it is worth noting a 2017 World Health Organisation study attributed between 300,000 and 650,000 deaths per annum from the annual influenza virus...
That's a good point and will need some time to tease that out.This is an accurate figure determine after a long time duration.
This is an immature figure and could be highly inaccurate, with only 2 months of data.
My personal take is this :
The death rate in China is significantly higher than what has been reported say by a factor of x5.
However, I think the infection rate is significantly higher in China by a factor of at least x10.
So until we have more time and more accurate data, know one, know the real figures, I am guessing sub <2%. With the vast majority of deaths coming from people >70 years old.
That's a good point and will need some time to tease that out.
It's early days and we are in the realm of chaos theory, as far as where this develops. 80000 may be the tip of the iceberg at the moment, and there are jurisdictions which are not as thorough as our own.Maybe... Maybe not. Perhaps 80,000 infections and treatments is a reasonable indicator until we reach a few million. In the circumstances I would take current information as the guidelines until proven way wrong.
Of more concern is the fact that the treatment to date seems to have been as good if not better than most countries in the world and certainly better than most third world countries and what is available to most US citizens with little insurance.
Words of wisdomI'm still of the opinion of get fit and get finances in order....
Indeed Satanoperca, I think that's a fair guesstimate. As you imply, the mortality rate in the First World has been much less than in the Third World, i.e. comparison of China & Iran Vs Australia & US/UK.This is an accurate figure determine after a long time duration.
This is an immature figure and could be highly inaccurate, with only 2 months of data.
My personal take is this :
The death rate in China is significantly higher than what has been reported say by a factor of x5.
However, I think the infection rate is significantly higher in China by a factor of at least x10.
So until we have more time and more accurate data, know one, know the real figures, I am guessing sub <2%. With the vast majority of deaths coming from people >70 years old.
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