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Strategies & Market Trends : Value Investing
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To: Elroy who wrote (63767)4/12/2020 12:27:19 PM
From: maverick612 Recommendations

Recommended By
bruwin
E_K_S

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Covid-19 China peaked at 5,000 cases per day, then it dropped toward nothing, and is now around 70 new cases per day. . . .New York city may be over it's peak and on the way down (since everyone is locked in their home), but does anyone believe the 30,000 new cases today is going to magically turn into 50 in six weeks?
The better question is how does any rational person believe those numbers from China? They are a complete fabrication. They reported around 3,200 deaths - and yet people watching the Wuhan crematoriums note that over 40,000 urns of remains have been distributed.

Any argument using the number from the Communist regime in China is foolhardy.

As to re-opening the economy. It is not a one size fits all solution in the US. Each county in each state is different. They need to be treated as such. People aren't going to sit home forever
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