SERIOUS Analysis required, high IQ thread only, NO memes

[Anonymous No.18106497]

>France: 365 deaths in 24hrs including a 16yo
>Italy: 712 deaths in 24hrs (up from 683 previous day)
>UK: biggest daily rise 115 in last 24hrs

Global job losses from the coronavirus crisis could far exceed the 25 million estimated just days ago, UN officials said on Thursday, as US jobless claims surged to record levels, showing the stark scale of the economic disaster.

The International Labour Organization, a UN agency, had estimated a week ago that, based on different scenarios for the impact of the pandemic on growth, the global ranks of the jobless would rise by between 5.3 million and 24.7 million.
However, Sangheon Lee, director of the ILO’s employment policy department, told Reuters in Geneva on Thursday that the scale of temporary unemployment, layoffs and the number of unemployment benefit claims was far higher than first expected.

“We are trying to factor the temporary massive shock into our estimate modelling. The magnitude of fluctuation is much bigger than expected,” he said.
Almost 3.3 million people in the US filed for unemployment last week, according to Department of Labor data. That is nearly five times more than the previous record of 695,000, set in 1982.

...and yet the stock market goes up as though all this is bullish. fed pump & stimulus ok, but really? I don't understand, pls explain /biz/

[Anonymous No.18106820]

>>18106497
i like bred

[Anonymous No.18106851]

>>18106497
full video ?

[Anonymous No.18106862]

>>18106497
the only problem is that the death rate is too low
but that is to be expected as on the first pass the virus binds incompletely to the antibodies
and the second pass you die

if the death rate is 33% the world economy will boom

[Anonymous No.18106871]

>>18106497
alien invasion bro

[Anonymous No.18106906]

>>18106497
I just sold all my stocks after buying them a week ago. Made a 20% profit and now waiting for them to fall again

[Anonymous No.18106915]

>>18106862
based nonsense poster

[Anonymous No.18106931]

>>18106906
smart
the bottom is around 10k points

[Anonymous No.18106936]

>>18106497
Government can't let the economy crush because if the economy goes down, so does our society. People are loosing jobs and it is going to continue, but if we let huge businesses go bankrupt, even more people will loose their jobs. People without jobs are useless for the society. Someone made a study, I don't remember who, but it was about unemployed people and it said that after one year of unemployment only 50% of unemployed manage to find a job and return to the society. After two years only about 5%. Take into consideration that a lot of businesses will fail, and people that will loose their job will be replaced by new people, that are much more familiar with new technologies because during hard economic times businesses have to adapt to the new situation that their are in. If there is enough people that can't keep up with the market, and improve their abilities to be competitive on the job market will be jobless.

If there there would be enough unemployment rate, and government would allow businesses to fail even more thus increasing uneployment, people would loose their trust towards the government and the system that we are leaving right now.

[Anonymous No.18106950]

>>18106915
I think he's trying to understand and explain the concept of ADE, but failing miserably

[Anonymous No.18107010]

>>18106820
lol

[Anonymous No.18107021]

Markets aren't rational

[Anonymous No.18107029]

>>18106497
Stimulus packages work in the short term. That's why everyone is buying. Smart investors know the economy will artificially grow for the coming weeks/months because of the stimulus packages and they use this to make a profit. Dumb investors think the stimulus packages will fix everything and they'll magically go back to pre coronavirus levels. You have no reason not to buy since the fed is essentially guaranteeing you a profit in the near future.

[Anonymous No.18107738]

>>18106497
>...and yet the stock market goes up as though all this is bullish.
its repeatedly explained to you, but you literally refuse to understand. no its not the 'printing' its the deflation.
let me use btc to explain the concept. imagine if you had shares of a btc company that paid out in bitcoin...you own 10 shares and so you make 10 btc per year in dividends.
then post halving nominal revenues fall in the company...but not by half...instead it now pays 6 btc per year....
so the question is whats worth more: (a) 10 btc pre halving (b) btc post-halving? answer is: B by a lot

the entire calculation revolves around: "is the deflation more than the nominal earnings of the company?" thats what you are seeing play out in the stock market currently

note: these are >130iq concepts that only whites, asians, and jews can understand. all others ignore.

[Anonymous No.18109646]

>>18106851
he beats her to death for her insolence

[Anonymous No.18109700]

>>18106497
The US loses 30,000 people annually to flu
The world loses 500,000
We currently have 1000 US deaths from corona
And 22,000 globally
These deaths are nearly all elderly people with already limited life expectancy

China had peak incidence and recovery within three months
New cases and deaths in Italy are already declining
Washington state and New York are already declining in their rate of rise and most states are nearly unaffected

If we don't start seeing at least 50x the daily incident disease rate and death rate we're currently seeing it's not even as important an illness as the flu

The normal, seasonal, non-pandemic flu
That nobody even thinks about

[Anonymous No.18109734]

>>18106497

[Anonymous No.18109768]

>>18106497

Imagine not having the money to survive several months. Just imagine having that much interest to pay on useless debt.

[Anonymous No.18109800]

>>18106497
Hello this is stacy and CHAD and we are writing this post TOGETHER because it is more fun that way!!
LOL we made like 7k this week. can anyone tell what stonks to buy next? haha don't be mad you missed the bottom anon

[Anonymous No.18110882]

OP see >>18106936

Pretty accurate summary imo

[Anonymous No.18110922]

AHEM
pee pee and poopoo

[Anonymous No.18111030]

>>18106497
Belgium's most famous virologist / msm corona talking head just said around 10% of our population is probably infected. Most show no symptoms and don't even know they have it.
End of Corona-chan noise in 3, 2, 1,... https://www.hln.be/nieuws/binnenland/van-ranst-10-procent-van-de-belgen-heeft-corona-zonder-dat-zelf-te-weten~aa4c30fe/
And of course articles like these, which are inherently hopeful and bullish, get no comments, whereas doomsday articles bring out the brainless hordes calling for big fines and ever more authoritarianism.

[Anonymous No.18111104]

>>18111030
I want to give up more rights for more money this sucks

[Anonymous No.18111129]

>>18106497
The funds with massive positions need to sell into strength when they're exiting, or their own sell orders will tank the price. The fed paid 6 T for this crab week so pensions and mutuals can dump as required and setup short.

[Anonymous No.18111225]

>>18107029
based idiot

the fed just watches the social response to price drops + a bunch of other metrics to prevent 100% collapse, it doesn't guarantee speculators (You) anything. Steer away of investing right now, markets are kept at life support at the expense of dollar and ESPECIALLY EM currencies. If covid numbers continue to grow into April we'll have hyperinflation everywhere. You can buy gold as traditional hedge but it seems like a great opportunity for crypto (btc/eth) when banks start failing at processing transactions/exchanging moneys.

[Anonymous No.18111242]

Can it be pic related? Saw it in another thread

[Anonymous No.18111251]

>>18106497
>UN officials said
There's your first mistake. The UN is not credible, even in good times.
Right now, any info out of the EU is suspect. The guy who's study caused all the panic has walked his DOOM predictions back HARD today, saying "whoops!":

https://www.wsj.com/articles/should-we-wait-until-easter-11585239104

If you cite Italy, the UN, or the media, you're now using bad data.

The stock market is reacting because reasons. Trying to predict it right now is a fool's errand. Some will get lucky trying to profit, most won't. The damage from the media and politicians scaring everyone will take months to shake out. Understanding this will only be possible in the rear view window, down the road.

[Anonymous No.18111418]

>>18109700
>The normal, seasonal, non-pandemic flu
>That nobody even thinks about
Not at all. It's a psy-op.