New coronavirus in/from China

[Mean Mr Mustard II]

Would it be a faux par to ask at what price people would buy the current ftse 100?

I have bee out of the stock market since 2008, because of money printing.

I'd give you 34 New Groats for the lot, take it or leave it.

[stumuz1]

Would you put in a £100 if it got done to 2800?

[Mean Mr Mustard II]

Might if there's £100,000 to a New Groat. That depends on the time of day in hyperinflationary times. It's that exponential thing once again.

[Vortex2]

Dow down 10% already just for today in the first few minutes of trading. Footsie down 6%. Pension f***ed for another generation then

I cashed in all my pensions last year to pay for our eco house build .. phew!

[Vortex2]

I think that they are measuring /non-testing differently now ... underreporting essentially.

Underreport an exponential and very soon the reported figures are seriously adrift from the actual. But, like keeping doomed cruise liners at bay, the headline figure looks so much better, and that's all that matters.

Mark Easton (@BBCMarkEaston)

The number of officially confirmed UK #coronavirus cases has risen 171 in the last 24 hours, the LOWEST daily figure since March 12th and probably reflecting the decision no longer to routinely test people with milder symptoms.

.. so how do I use the newer data??? Thanks HMG for screwing up my chart!

[PS_RalphW]

A friend of my wife's with mental health problems who visited us last week is convinced she has come down with the virus. However she is prone to chest infections and panics easily.

Time will tell.

[Little John]

I think that they are measuring /non-testing differently now ... underreporting essentially.

Underreport an exponential and very soon the reported figures are seriously adrift from the actual. But, like keeping doomed cruise liners at bay, the headline figure looks so much better, and that's all that matters.

Mark Easton (@BBCMarkEaston)

The number of officially confirmed UK #coronavirus cases has risen 171 in the last 24 hours, the LOWEST daily figure since March 12th and probably reflecting the decision no longer to routinely test people with milder symptoms.

.. so how do I use the newer data??? Thanks HMG for screwing up my chart!

If they no longer test the milder cases, that will make the CFR look higher than it actually is

[Vortex2]

Underreport an exponential and very soon the reported figures are seriously adrift from the actual. But, like keeping doomed cruise liners at bay, the headline figure looks so much better, and that's all that matters.

Mark Easton (@BBCMarkEaston)

The number of officially confirmed UK #coronavirus cases has risen 171 in the last 24 hours, the LOWEST daily figure since March 12th and probably reflecting the decision no longer to routinely test people with milder symptoms.

.. so how do I use the newer data??? Thanks HMG for screwing up my chart!

If they no longer test the milder cases, that will make the CFR look higher than it actually is

True .. but a bodybag is a bodybag.

[eatyourveg]

Rumour spreading that the corona virus has become sentient, it rejected Donald Trump when offered, and is now shaking in a corner muttering to itself.

[UndercoverElephant]

https://kunstler.com/clusterfuck-nation ... e-changed/

At least in wartime, the bars stay open. That’s how you know this is a different thing altogether from whatever else you’ve seen in your lifetime. Even those of us who signed up for this trip — that is, who expected a long emergency — may be a little bit in cosmic awe at just how much shit is flying into the ol’ fan. I know I am. The gods must have glugged down a mighty draft of Dulcolax.

Did you get the feeling, as I did, watching the Sanders-Biden debate last night — the inadequate versus the irrelevant — that the world they were blathering about possibly doesn’t exist anymore? The world of institutions that actually function? Like, the ones that conjure up whatever sum of money you demand to keep all the wheels spinning? Remember that Hemingway line about the guy who went broke? Slowly, then all at once. That’s us. Medicare for all now? Really? More like, a year from now every physician in America may be the equivalent of the old country doc toting a black bag around to home visits. Unfortunately, there aren’t enough horses left in America, and the few buggies we’ve got are all in the museum.

The mega financial bubble-of-bubbles is deflating with frightful velocity precisely because of the efforts since 2008 to artificially inflate it. The Federal Reserve gave it one final blast Sunday night — while everybody else was counting their rolls of toilet paper — and the effect was like blowing hot air into a shredded Zeppelin. Stock futures are “limit down� as I write, before the Wall Street open. Gold is getting pounded into the ground like a grape stake and silver is so low it looks like the hedge fund managers are down to pawning grandma’s table service. (Hint, the PMs will bounce back hard; the rest, probably not so much.)

[continues]

[Vortex2]

Coco The Clown will be addressing his subjects at 3:30 this afternoon.

Now 4:45 apparently

[Little John]

https://kunstler.com/clusterfuck-nation ... e-changed/

At least in wartime, the bars stay open. That’s how you know this is a different thing altogether from whatever else you’ve seen in your lifetime. Even those of us who signed up for this trip — that is, who expected a long emergency — may be a little bit in cosmic awe at just how much shit is flying into the ol’ fan. I know I am. The gods must have glugged down a mighty draft of Dulcolax.

Did you get the feeling, as I did, watching the Sanders-Biden debate last night — the inadequate versus the irrelevant — that the world they were blathering about possibly doesn’t exist anymore? The world of institutions that actually function? Like, the ones that conjure up whatever sum of money you demand to keep all the wheels spinning? Remember that Hemingway line about the guy who went broke? Slowly, then all at once. That’s us. Medicare for all now? Really? More like, a year from now every physician in America may be the equivalent of the old country doc toting a black bag around to home visits. Unfortunately, there aren’t enough horses left in America, and the few buggies we’ve got are all in the museum.

The mega financial bubble-of-bubbles is deflating with frightful velocity precisely because of the efforts since 2008 to artificially inflate it. The Federal Reserve gave it one final blast Sunday night — while everybody else was counting their rolls of toilet paper — and the effect was like blowing hot air into a shredded Zeppelin. Stock futures are “limit down� as I write, before the Wall Street open. Gold is getting pounded into the ground like a grape stake and silver is so low it looks like the hedge fund managers are down to pawning grandma’s table service. (Hint, the PMs will bounce back hard; the rest, probably not so much.)

[continues]

yes

[PS_RalphW]

Walking the dog this afternoon I noticed the sky was unusually blue for the time of year. Then I realised - very few aircraft contrails out of Stanstead. The USA warmed measurably in the days after 9/11/2001. It is going to be hot summer.

[Vortex2]

Walking the dog this afternoon I noticed the sky was unusually blue for the time of year. Then I realised - very few aircraft contrails out of Stanstead. The USA warmed measurably in the days after 9/11/2001. It is going to be hot summer.

Yep, all that heat pumped out by the crematoria will keep us toasty!

[Little John]

Watching Johnson right now. He is looking like a rabbit in the headlights.

Jesus wept