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Getbig Main Boards => Politics and Political Issues Board => Topic started by: IroNat on February 24, 2020, 09:41:09 AM

Title: Buffett says economy is slowing amid virus fears
Post by: IroNat on February 24, 2020, 09:41:09 AM
“This is scary stuff. I don’t think it should affect what you do in stocks,” Buffett said.

https://apnews.com/403840364d97d33d7527ab816248ded4
Title: Re: Buffett says economy is slowing amid virus fears
Post by: Thin Lizzy on February 24, 2020, 11:40:28 AM
All things considered, is it really cause for panic yet?



https://www.cdc.gov/flu/about/burden/index.html

CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.
Title: Re: Buffett says economy is slowing amid virus fears
Post by: loco on February 24, 2020, 11:42:40 AM
All things considered, is it really cause for panic yet?



https://www.cdc.gov/flu/about/burden/index.html

CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.


Influenza stock market crash of 2010, 2011...,2019, 2020 coming.


-NT
Title: Re: Buffett says economy is slowing amid virus fears
Post by: Thin Lizzy on February 24, 2020, 12:53:36 PM
Influenza stock market crash of 2010, 2011...,2019, 2020 coming.


-NT

😂😂

It’s so funny to watch the business channels when there’s a correction. They interview people on the floor of the exchange as though traders are still yelling bids across the room. It’s the ultimate fake news.
Title: Re: Buffett says economy is slowing amid virus fears
Post by: Moontrane on February 24, 2020, 03:27:16 PM
That was a 3.6% drop today, and there was a 4.6% drop a couple years ago.
And there was that 23% drop in 1987.

A bit over a month until the end of first quarter.  If no contraction, move along, nothing to see here.   ;)
Title: Re: Buffett says economy is slowing amid virus fears
Post by: SOMEPARTS on February 24, 2020, 11:33:16 PM
There is still PLENTY of greed in this market to well over-run any fear.