Author Topic: Buffett says economy is slowing amid virus fears  (Read 983 times)

IroNat

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Buffett says economy is slowing amid virus fears
« 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

Thin Lizzy

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Re: Buffett says economy is slowing amid virus fears
« Reply #1 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.

loco

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Re: Buffett says economy is slowing amid virus fears
« Reply #2 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

Thin Lizzy

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Re: Buffett says economy is slowing amid virus fears
« Reply #3 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.

Moontrane

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Re: Buffett says economy is slowing amid virus fears
« Reply #4 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.   ;)

SOMEPARTS

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Re: Buffett says economy is slowing amid virus fears
« Reply #5 on: February 24, 2020, 11:33:16 PM »
There is still PLENTY of greed in this market to well over-run any fear.