Coronavirus

[sene5hos]

Brazil is really bad shape:

Brazil sets another record for daily coronavirus deaths

Brazil registered another record number of novel coronavirus deaths over the last 24 hours, the health ministry said on Tuesday evening, as the pandemic in Latin America's largest country shows no signs of slowing down.

www.reuters.com

TheGreatwaloo, I started a thread called Bolsonaro vs COVID-19.
I put your link there.

Thank you

 

[IamNY]

TheGreatwaloo, I started a thread called Bolsonaro vs COVID-19.
I put your link there.

Thank you

I posted here because I didn’t want to post it in the political section and have to deal with the bullshit.

 

[EagerBeaver]

The US economy is bouncing back from Coronavirus as unemployment fell to 13.3%:

America's unemployment rate falls to 13.3% as economy posts surprise job gains

The American economy just got a shocking piece of good news: The job market may be recovering well ahead of schedule.

www.cnn.com

Never underestimate the #1 economy in the world!

 

[sene5hos]

Apparently in the United States, 30% of people would not want to be vaccinated against the coronavirus.

These people have preconceived ideas, and we have to explain how vaccines work, to disarm this anti-vaccine phenomenon.

Because of so many people have read things on the internet, and if it's written on the internet it's true.

I hope that in Quebec the% is lower?

 

[Longeldak]

Never underestimate the #1 economy in the world!

And what's really amazing is that stocks are (basically) back to their record highs. NASDAQ hit a new intraday record today, S&P 500 is not too far behind. People who panicked and sold at a low point are probably not very happy with their decision.

 

[EagerBeaver]

I found out today that no colonoscopies or other similar procedures are being performed by my gastroenterologist's office unless I have a Covid 19 test first. So it looks like the dreaded swab will be getting jammed down my nostril. Not looking forward to it but if Cuomo can man up, I just have to man up and do it. My mother has already had 2 negative tests done, so I would be the sissy of the family if I don't go through with it.

 

[EagerBeaver]

People who panicked and sold at a low point are probably not very happy with their decision.

They are pussies. You are either in the game for the long run or a fair weather investor. People who are intimidated by big paper losses don't have the intestinal fortitude to play the game.

 

[IamNY]

Hey EB, I’m assuming they want you to have the test the day of or a day before the procedure?

 

[EagerBeaver]

They said within 72 hours. The procedure isn't until June 29.

 

[donbusch]

First Amazon, now Safeway faces a coronavirus lawsuit. Apparently conditions were so bad at the Safeway warehouse that 51 workers were infected.

Coronavirus: Widow sues Safeway for wrongful death of husband after virus outbreak

The widow of Pedro Zuniga, the Safeway worker who died after contracting COVID-19, is suing the grocery store chain.

www.mercurynews.com

Seems the earliest such action may hv been taken against Walmart as early as April.

Should Amazon, Walmart, others be held liable for workers sickened by COVID-19? - RetailWire

Early last month, the National Retail Federation sent a memo to Congress with a list of the priorities that the trade group believed should be in any new stimulus legislation. At the top of that list was liability reform. Do you support the passage of legislation that would limit the liability...

retailwire.com

Think it’ll be left to the courts to decide since Congress is unlikely to work anything out given all time high partisanship.

 

[donbusch]

And what's really amazing is that stocks are (basically) back to their record highs. NASDAQ hit a new intraday record today, S&P 500 is not too far behind. People who panicked and sold at a low point are probably not very happy with their decision.

Warren Buffett’s timeless advice to retail investors to buy a low cost S&P 500 index fund & just hold for the long term still holds true.

Warren Buffett's Advice on Choosing an Index Fund

The guru believes most investors would be better off buying index funds than individual stocks Continue reading...

finance.yahoo.com

Ironically professional investors such as Warren Buffett who focus on fundamental analysis, sold his airline shares at the recent March stock bottom & missed out on the latest price surge. Buffett also didn’t deploy Berkshire’s $128+ Billion cashpile during that time.

But Buffett might still prove to be correct, stocks valuations r at an all time high and artificially supported only by the Federal Reserve which even went to buy junk bonds.

When more bad news comes such as a 2nd coronavirus wave, investors will expect the Federal Reserve to take actions like going to negative rates or buying equities. Actions that some might say has caused the zombification of the Japanese economy. Basically a no-win situation.

 

[IamNY]

More good news from New Yorks Governor Cuomo about reopening:

Cuomo accelerates reopening plans as NY coronavirus deaths drop to record low

Churches, mosques and temples can now open in phase two at 25 percent occupancy.

nypost.com

 

[2fast2slow]

i find it interesting that despite the deconfinement of montreal over the last few weeks the number of new cases and the number of deaths continue to drop steadily...ths is for all of quebec but the numbers for montreal are similar ...

 

[2fast2slow]

this is for the island of montreal as of june 2nd

'Milieu fermé' being old folks homes, hospitals, prisons, etc... Had we been able to protect these places we would not even had to confine...

 

[IamNY]

Any chance you can provide the links for the above info instead of pics?

 

[2fast2slow]

here you go

Données COVID-19 au Québec | INSPQ

Mise à jour quotidienne des données québécoises sur la COVID-19. Nombre de cas confirmés, décès, hospitalisations, soins intensifs, guéris et personnes sous investigation, comparaisons régionales et comorbidités.

www.inspq.qc.ca

Public

Le Portail Santé Montréal facilite l’accès aux services de santé et services sociaux et regroupe tout ce qui touche à la santé dans la région de Montréal. Trouvez rapidement vos cliniques médicales, CLSC, ressources d'hébergement et autres.

santemontreal.qc.ca

 

[IamNY]

Thx! I can use Google translate and I now understand your point from above.

 

[donbusch]

Not surprised that Vegas casino patrons r totally ignoring coronavirus safety guidelines. Casino patrons/suckers typically have poor understanding of probability & risk plus lie to themselves by wanting to only hear good news. Well good luck!

https://twitter.com/x/status/1269169419998990336

Meanwhile in nearby Arizona, things r not looking good.

Arizona calls for emergency plan as COVID-19 spikes after reopening

Arizona again told hospitals to activate the coronavirus emergency plans after cases spiked following reopening, turning it into a U.S. virus hotspot along with neighboring Southwest states.

www.reuters.com

 

[sene5hos]

Will there be a second wave of COVID-19? It all depends on you, according to the National Institute of Public Health of Quebec (INSPQ).

Many think the same thing. Besides, this is what is happening in Florida, as the deconfinement was done very quickly, and there is a strong increase in cases.

 

[IamNY]

Long Island in NY moved into "phase 2" today. Just finished enjoying an ice cold beer at my favorite watering hole.