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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 2:42 pm to
Posted by rotrain
Member since Feb 2013
390 posts
Posted on 1/30/20 at 2:42 pm to
If you have some sort of anti-media bias or agenda, or don't believe the official stats, or have some other reason for not agreeing with the available data, then maybe.

But its straight from the WHO and CDC's mouth. Fatality rate is 2-3% for coronavirus, <.01% from seasonal flu.

intermediary link, sources at the bottom of page....

LINK /
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/30/20 at 2:51 pm to
Serious question--how do they know what the fatality rate is for this strain of Coronavirus??
Posted by LSURussian
Member since Feb 2005
127345 posts
Posted on 1/30/20 at 2:52 pm to
quote:

or don't believe the official stats,
The "official stats" are still only estimates as your own link specifies.

And even then it says, "the national (China) mortality rate drops to 0.3%." That's not "far more deadly than the regular flu" as you put it.

quote:

If you have some sort of anti-media bias
I do. I believe the mainstream media ZERO. I have worked with and for the MSM long enough to know they don't exist to sell accurate information.

They sell advertising.

And the best way to sell more advertising is by frightening readers and listeners even when what they report is inaccurate.

They have worked hard to earn my distrust.

But if you choose to believe whatever the media prints or says, that's okay with me, too.
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