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re: Am I the only one who thinks the market's reaction to the coronavirus outbreak is...

Posted on 1/30/20 at 1:55 pm to
Posted by LSURussian
Member since Feb 2005
127322 posts
Posted on 1/30/20 at 1:55 pm to
quote:

The media coverage I've seen has been pretty fact based.
The media created "crisis" as I refer to it was demonstrated a little while ago when CNBC broke into their program to report that a first case of human-to-human transmittal of the corona virus has been identified in the U.S. The reporter was almost breathless as she reported this "frightening" news.

The fact is over 15,000,000 cases of the regular flu has been identified just in the U.S. this flu season and everyone of those 15,000,000 cases have been from human-to-human transmittal.

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