makes you wonder how effective the upcoming covid-19 vaccine would be. even if it was 30% effective, it's still 70% chance you'll catch it. the flu vaccine this year is 60% effective. hopefully this improves over time
Racism due to corona virus
- Thread starter tml
- Start date
they say it would take up to 11 months to formulate this vaccine
https://www.theguardian.com/science...outbreak-help-in-race-for-coronavirus-vaccine
thanks for your well thought out research. i did find PA's links more entertaining
And I would also point out that is completely false. In a matter of 2-3 days, the number of cases in South Korea, Iran and Italy has shown exponential growth.
South Korea alone has more than 200 cases in the last 24 hours. What is even more worrying there besides that number is a small number of those cases do not have any connections to the church cluster, so they cannot be traced
Iran has went from basically nothing to 5 deaths and 28 cases, with cities being quarantined in a matter of days
The virus is definitely not slowing down in other parts of the world. We have been lucky so far in Toronto. But as has been seen in other parts of the world, all it takes is one spreader and an unfortunate set of circumstances for it to blow up uncontrollably
I think this virus is dangerous, and that we are grossly unprepared for it here in Ontario, but that said, 200 cases in a country of 50 Million is not really that many. Last I read, South Korea has tested over 16000 people to find those 200.
Ontario has tested less than 500. Don’t test, don’t find. That’s our current strategy it seems.
Ontario has tested less than 500. Don’t test, don’t find. That’s our current strategy it seems.
I would agree with that. The number of cases in S. Korea is not much. For now. Problem is without adequate quarantine/isolation, exponential growth can make those numbers explode quickly. As I mentioned, a number of those cases do not have contact tracing, so whoever they got it from may still be unknowingly spreading it
The virus is dangerous, but I think the economic consequences will be even more severe. Companies are starting to warn on quaterly earnings. If the virus is not contained by the summer, there will be dire consequences when people lose 20-30% on their investment portfolio
Just making the point most people here are taking a cavalier attitude towards the virus thinking it won't affect them
But when they see at year's end how much their portfolio tanked and the economy possibly tipped into a recession, then it will be clearer how big this is
word of advice. while the stock market is in a tail-spin, you buy buy buy. you can buy me a corona later
Oh, I know. Back in early 2009, I loaded up on bank stocks. The main problem is you never know when the bottom is. I remember buying it and losing 15% in days. I've been laughing 6 months later until now, but definitely it's easier said than done to pick when to go back in
you have to hold on to it brother. think long term (keep in mind, i'm talking indices and not nortal). timing is key if you're a short-term trader. bottom pickers become cotton pickers
There's lots of existing tension between Asians and other minority groups and I think that's really bubbled to the surface with coronavirus. Personally (as a half black person) I've experienced LOTS of racism from Asians in Toronto so I can speak to that. It's not an excuse for discriminating against people due to coronavirus but what I'm saying is, I don't think the animosity would be as bad if that tension did not already exist.
I am long term. I guess I should have said the 15% decline was just a paper loss, I didn't sell. It sucks back then when you realize you could have bought it so much cheaper by waiting a few days, but that's just hindsight. I still have most of the stock I bought then and am quite happy I bought when I did
Guys, you're pissing off Shack. This thread is about viruses, not about your stock market successes. Speaking of stocks, no need to go back to 2009. Just think of Home Trust in 2018. I think they are a possible buyout target.
"6 equities research analysts have issued 12-month price targets for Home Capital Group's shares. Their forecasts range from C$25.00 to C$37.00. On average, they expect Home Capital Group's stock price to reach C$32.33 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Home Capital Group."
did you follow my advice skyrider, err i mean darts
https://terb.cc/vbulletin/showthread.php?599061-Home-Trust&highlight=home+trust
