Falling oil prices would be good for many industries for whom lower oil prices would reduce their costs (e.g. airlines, trucking companies, shipping companies). But those stocks seem to be dropping like everything else, suggesting that any benefit they get from falling oil prices is countered or overridden by COVID-19 concerns.
UAL -10.21%
FDX -9.36%
ODFL -8.44%
AAL -7.64%
S&P 500 -7.60%
UPS -7.21%
DAL - 5.19%
LUV -4.59%
MATX -4.51%
HLAG.DE -3.53%
Regarding the Chinese study and the bus, I also though about whether the contact could have come elsewhere. However, the Chinese are using this phone app that helps track peopleâs exposure to carriers of the virus and I am guessing via that app they eliminated other possible points of exposure and found this cluster all came together on the bus. Also, we can see from the map of the bus no one in the very front got infected (furthest away). So, I think it is possibly correct. I have heard that whole train cars become infected. Enclosed spaces lead to more transmission.
Just turned on the local news to see a state department (PA) address going on. Apparently there are now 10 cases in my state⊠not sure yet if thatâs on top of the original 6 or just 4 more. I have it paused to go through the news without commercials in half an hour or so.
We lost in the vicinity of 8% today, but itâs only a loss on paper until one sells. Iâm pretty sure it will come back eventually. We had pulled some out when this whole thing started. Now Iâm wondering when to put it back in TBH. Probably not yet.
I think things would have been much better and less impact on the economy had we taken very strong aggressive moves like done elsewhere in the world from the very start. Letting things spread this way is going to make things worse, draw things out, and I think will end up impacting the economy a lot more as a result. I think one goes with the other, not either or as it seems we tried to have it at the outset.
@Nhatrang Stanford campus remains open. Classes and finals moved to online. Students allowed to work from home if they desire.
Well, I did personally am more concerned about my 90-year-old father in assisted living.
Apparently gas masks are ineffective as Rep Gaetz has been added to the congressional quarantine list.
Dark humor aside, I wonder how long before they declare a permanent congressional recess until thereâs a better grasp of this.
Not - per my coworkers. Their kids went to school today.
@homerdog Some of the NYC schools have students or parents who were exposed to the virus and are being tested. Most of the private schools go on Spring Break on Friday for 2 weeks.
Someone in my small town just tested positive for the virus, so I feel like things are about to get panicked here.
I should never listen to rumors! There is nothing on the Seattle Public Schools website indicating they will be closedâŠand it would be there!
Sorry.
The Fulton County GA schools were open todayâŠclosed tomorrow.
âI personally am more concerned over the stock market.â
If you need the cash within a year or two, then yes I agree.
However, I would expect that this pandemic will end within a few months if only because most of us will have gotten sick already. It almost has to end by the time that we get a vaccine. However, it looks like we will have a repeat of the situation with the swine flu of 2009 where the vaccine was available roughly a year after at least in my family we had all recovered from the flu.
Once this pandemic ends, it would seem likely that the stock market should recover. We will however be missing a few of us who did not survive this, and we will have a fresh memory of what we might want to do better next time.
I think that it is up to each of us to do whatever we can do to NOT spread the virus. Of course this means âdo not catch itâ and âif you catch it, do not spread itâ.
Some school districts went online. So far, Seattle School District has not announced any closures. Thatâs all I know.
Updates are being posted here:
https://www.k12.wa.us/about-ospi/press-releases/novel-coronavirus-covid-19-guidance-resources
And on ST website.
These are good questions, I think, but itâs probably too early to tell. We are wondering the same things here in our house.
13 additional cases in Massachusetts, bringing the total number of cases to 41. According to Mass. Dept. of Public Health, 32 of those cases are linked to the Biogen conference, 4 are travel-related, and 5 are still under investigation.
To add to my post above. I noticed that scientific journals now forego peer review and publish a lot of covid stuff for the sake of speed. When the dust settles, there will be a lot of questionable research out there.
I am wondering how the current situation will play out in the acceptance yield. The stock market loss will be felt by many, and it makes me wonder if finance will play much larger role now than it might have had just a month ago.
Could this lead to more students attending in-state public schools? Lower yield for private schools? Attending college closer to home?
We are all set (NMF, full ride), but it makes me wonder. For all I know S20 class may be much larger than originally expected.
Sorry, if that question was already asked.
https://www.washingtonpost.com/world/2020/03/09/coronavirus-live-updates/
Italy has just âlocked downâ the entire country.
A small clarification. Only one case (a UMass Boston student) has been officially confirmed. The other 40 are all âpresumptive positive.â I would expect them all to turn out positive but the official CDC results are still pending, so if you hear of cases being confirmed in the next few days they may be these presumptive cases.