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Old 06-22-2020, 08:48 PM
 
7,480 posts, read 4,731,001 times
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Quote:
Originally Posted by pengin View Post
That was always one of my problems with Buffett. No hookers or blow. And not even a nice crib. Just some butt ugly batcave in Omaha. And Egg McMuffins.

 
Old 06-23-2020, 08:57 AM
 
Location: Sweet Home Chicago!
6,721 posts, read 6,516,444 times
Reputation: 9915
2 days into the media hype over increased covid case counts and the Nasdaq is at an all time record high.
 
Old 06-23-2020, 09:01 AM
 
107,062 posts, read 109,362,256 times
Reputation: 80448
my guess is by mid summer reality will hit .....

my son is a partner in one of the largest labor law firms in the country ..... they have been insanely busy filing the paper work for the corporate clients who will be going from furloughs to mass lay offs ... they are required to do special filings when it involves layoffs of thousands to tens of thousands
 
Old 06-23-2020, 09:09 AM
 
232 posts, read 181,507 times
Reputation: 333
Quote:
Originally Posted by flamadiddle View Post
2 days into the media hype over increased covid case counts and the Nasdaq is at an all time record high.
sectors negatively impacted by covid are still down a lot though
 
Old 06-23-2020, 11:13 AM
JRR
 
Location: Middle Tennessee
8,187 posts, read 5,702,971 times
Reputation: 15748
Quote:
Originally Posted by mathjak107 View Post
my guess is by mid summer reality will hit .....

my son is a partner in one of the largest labor law firms in the country ..... they have been insanely busy filing the paper work for the corporate clients who will be going from furloughs to mass lay offs ... they are required to do special filings when it involves layoffs of thousands to tens of thousands
That is my thought also. Ignoring the virus isn't going to make it go away and eventually we will have to come to terms with the fact that things are not going to be normal for quite some time. And when you have leadership saying things like too much testing is a problem because if you have more testing you have more cases, it doesn't bode well.

We are whistling past the graveyard
 
Old 06-23-2020, 11:20 AM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,116 posts, read 7,587,257 times
Reputation: 9865
US older guys/gals need to look how we set up our wills and critical care instructions .
treat me nicely, and you may get rewarded
 
Old 06-23-2020, 12:28 PM
 
Location: SoCal
20,160 posts, read 12,808,562 times
Reputation: 16994
My county of California has been stable, it spiked up during the protests but it has backed down. Yesterday my area had zero deaths, today 4 deaths. Total in ICU is 137. That’s out of 3-4 million people, and face masks no longer required.
 
Old 06-23-2020, 01:09 PM
 
Location: Pennsylvania
31,341 posts, read 14,352,308 times
Reputation: 27868
Quote:
Originally Posted by NewbieHere View Post
My county of California has been stable, it spiked up during the protests but it has backed down. Yesterday my area had zero deaths, today 4 deaths. Total in ICU is 137. That’s out of 3-4 million people, and face masks no longer required.
This is why I am still very confused about what this virus is going to do to the markets.

Look at Mathjak's post # 43 which says one thing and then your post which says the opposite and that there's really not much to worry about.
 
Old 06-23-2020, 01:16 PM
 
6,644 posts, read 4,350,747 times
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Quote:
Originally Posted by BeerGeek40 View Post
This is why I am still very confused about what this virus is going to do to the markets.

Look at Mathjak's post # 43 which says one thing and then your post which says the opposite and that there's really not much to worry about.
Number of cases in the South is skyrocketing again.
 
Old 06-23-2020, 01:37 PM
 
Location: NY/LA
4,664 posts, read 4,566,341 times
Reputation: 4140
Quote:
Originally Posted by Lizap View Post
Number of cases in the South is skyrocketing again.
It's picking up in California as well.

California Hits New High In COVID-19 Hospitalizations (NPR)

Quote:
California has reached a new high in the number of hospitalizations related to COVID-19, surpassing the previous peak in late April.

As of Sunday, the latest publicly available data show that state had 3,702 hospitalized patients with confirmed cases of COVID-19, of which 1,199 were in intensive care. There were an additional 1,102 hospitalized patients with suspected COVID-19.

Hospitalizations are seen as a more reliable metric for tracking the coronavirus pandemic than new case numbers as the figure does not hinge on the availability of testing. Before Saturday set a high of 3,574, the previous record was on April 29, when 3,497 people were hospitalized in the state.
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