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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Voodoo who wrote (153849)3/3/2020 8:30:04 AM
From: TobagoJack1 Recommendation

Recommended By
Dr. Voodoo

  Read Replies (4) | Respond to of 217541
 
Am pondering, will March be as good as or good-enough as was February?

Unclear to me whether folks of the market know how to price-in the Corona

bloomberg.com

Many Investors Have Yet to Factor in Virus Hit, Bernstein Says
Moxy YingMarch 3, 2020, 9:39 AM GMT+2
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The coronavius has already cost more than $9 trillion in global stock-market value, but many investors have yet to factor in its impact, Sanford C. Bernstein & Co. says.

Only 21% of money managers have “fully” adjusted their portfolios to reflect the risk associated with the outbreak, while 44% of them haven’t, according to the results of a survey conducted by Bernstein and published Tuesday. That’s even though they expect a 1% hit to this year’s global economic growth, the poll found.

Worries about the impact of the virus outbreak sent global stock markets plunging last week, with Treasury yields hitting record lows as investors fled to safer assets. Goldman Sachs Group Inc. sees global gross domestic product shrinking on a quarterly basis in the first half of the year, before rebounding through the rest of 2020.

Of course, appetite for risk may change at any time -- the MSCI All-Country World Index jumped the most since November 2011 on Monday as global central banks pledged measures to counter the health emergency. The world’s top finance ministers will also discuss their response to it Tuesday.

Also read: BOJ Displays Resolve on Calming Markets With Another Repo Move

The Bernstein poll showed money managers are the most bearish on energy and consumer-discretionary shares, and the least bearish on health care. It surveyed 382 institutional investors through Friday who have a combined $37 trillion of assets under management.



To: Dr. Voodoo who wrote (153849)3/6/2020 9:19:19 AM
From: Pogeu Mahone  Respond to of 217541
 
Hilarious

In Taiwan, during a brief toilet paper panic last month, Premier Su Tseng-chang called for calm on his Facebook page, saying people “only have one butt-hole,” to widespread amusement across the island.
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“The size of toilet paper makes it feel like a substantial, big purchase. It makes it feel like you’re doing something. It taps back into that need for control. If you’re buying a hefty big pack of toilet paper, you kind of feel like you’re ‘stocking up’. You signify to yourself that you’re in control.”


“It’s been a wild week. Everyone’s been on the edge of their seat looking at what’s happening,” said Simon Griffiths, co-founder of Who Gives A Crap, a social enterprise that sells recycled toilet paper and gives half its profit to sanitation-related charity.

The company had to suspend store sales and new subscriptions on Wednesday when sales volumes jumped 1100% the day before.

We can honestly say Who Gives a Crap is really good quality. First, it's 3-ply (most are only 2-ply), meaning it's strong and rip-resistant, or in the company's words has a low “poke-through-rate”.



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“Collective behaviours among humans are remarkably similar to processes in the animal kingdom such as schooling among fish and flocking among birds,” they wrote in an editorial about toilet roll hoarding in the Straits Times newspaper.

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Singapore Trade Minister Chan Chun Sing was reported by local media as calling the panic buying idiotic in a meeting with business leaders, quipping: “Why stock toilet paper? If you eat all the rice and instant noodles you confirm diarrhea.”