Has already started on my nextdoor.com link where someone has started a petition to close the local schools and non-emergency public meetings until after spring break. A few people agree, but so far there has been a strong backlash (with which I would agree) calling for less sky-is-falling rhetoric.
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No announcement yet.
probably coming soon to a neighborhood near you: a localized corona pissing match
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Tell the markets that....
The Bond Market Is Trying to Warn Us
Collapsing yields suggest some dire coronavirus outcomes.
https://www.bloomberg.com/amp/opinio...mpression=true
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Originally posted by gh View PostHas already started on my nextdoor.com link where someone has started a petition to close the local schools and non-emergency public meetings until after spring break. A few people agree, but so far there has been a strong backlash (with which I would agree) calling for less sky-is-falling rhetoric.
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In the FT now...
Investors rush to bond safety for fear of global recession
Coronavirus deaths soar in Italy and Iran Oil price tumbles 9% as Opec talks collapse
With perceived haven assets in the highest demand since the financial crisis, the price of US government debt rocketed, sending benchmark 10-year bond yields under 0.7 per cent — an all-time low. UK and German bonds also broke records.
“It’s pure fear — you can see it in the empty supermarket shelves and you can see it in the bond market,” said Dickie Hodges, a fund manager at Nomura Asset Management.
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Somehow I suspect if this virus had popped up twenty years ago life would be proceeding as normal. I can only imagine the mass hysteria during the SARS outbreak had Twitter, Facebook, etc been around in 2002.There are no strings on me
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I also feel a certain calm and relaxation, watching 15 year mortgage refi rates drift toward 2%. Hell, if the thing sticks around for the summer(unlikely) I may be able to get a bank to pay me for the honor of servicing my mortgage 😂There are no strings on me
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Originally posted by guru View PostI also feel a certain calm and relaxation, watching 15 year mortgage refi rates drift toward 2%. Hell, if the thing sticks around for the summer(unlikely) I may be able to get a bank to pay me for the honor of servicing my mortgage 😂Last edited by user4; 03-07-2020, 02:47 PM.
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Originally posted by gh View PostHas already started on my nextdoor.com link where someone has started a petition to close the local schools and non-emergency public meetings until after spring break. A few people agree, but so far there has been a strong backlash (with which I would agree) calling for less sky-is-falling rhetoric.
Last week, I visited my first corona-positive patient, who is Catholic, had been positive since Feb 14, had minimal symptoms and was itching to go home, and requested a Priest to bring her communion. Because the priest was not trained in gowning up, he gave the elements to an RN who is Catholic, had her go in to the room, and supervised the communion over the phone. Where there's a will, there's a way.
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Meanwhile...it is true some are overdoing it....
https://mobile.twitter.com/charlie_s...24366893318144
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