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


To: carranza2 who wrote (159186)6/16/2020 12:46:11 AM
From: TobagoJack1 Recommendation

Recommended By
Secret_Agent_Man

  Respond to of 218197
 
Re <<Looks like the second wave is real>>

I am reasonable to assume you are referring to the virus?

The academics / professionals say we are to experience continuation of the first-wave, or the second-wave, and in time am guessing there would be talk of the third-wave, ad infinitum.

Our task might be simpler, to answer to ourselves (i) are we experiencing anything deadly to at large, at all, and / or (ii) are we experiencing authorities all over the planet fcuking up, and / or (iii) somebodies fcuking w/ our mind.

Whatever the first-wave was / is(?), by experience of earlier HK experience w/ SARS followed by avian flu, we must guess that any second-wave would not play out exactly like the first wave, unless the authorities learned nothing and does exactly the same responses as during the first-wave.

HK markets (stock / real estate) collapsed during SARS, and barely reacted during avian flu.

Fair to guess all waves cost money, whatever the source.

Gold and near-equivalent silver can become the all-season go-to items. I fear that at some juncture we need to go all-in, unfortunately, for too many reasons; the primary one being that gold does not reset, but continues.

Too early and we get swiped. Too late we get left behind.



To: carranza2 who wrote (159186)6/16/2020 5:18:37 AM
From: TobagoJack  Respond to of 218197
 
Re <<second wave>>

bloomberg.com

Beijing Struggles to Stem Virus as Cases Spread Beyond Capital

Beijing is ramping up mass testing to determine whether a new coronavirus outbreak in the city warrants the same strict lockdown that shut down large swathes of the world’s second-biggest economy for months.

The Chinese capital on Tuesday closed another food market located near the financial district after a case linked to the original cluster was discovered. Eleven other food markets have been shuttered and almost 300 others sanitized, while nearly 30 housing compounds have been put under lockdown, local officials said. The total reported number of infections has reached 106, according to the National Health Commission.

Salmon Shunned in China After Link to Beijing Virus Outbreak

Officials have so far taken a more targeted approach toward the latest outbreak compared with similar resurgences in Wuhan, where the virus was first identified in December, and in the country’s northeast region. The stakes are higher in Beijing, where the country’s business and political elite reside, and an aggressive lockdown risks undoing China’s economic re-opening and nascent moves to restart travel with other countries.



Epidemic control workers direct and register people at a testing site for people who have had contact with the the Xinfadi Wholesale Market or someone who has, in Beijing on June 15.

Photographer: Kevin Frayer/Getty Images

Beijing has restricted movement only in areas where new cases have been found. While taxis and cars from ride-hailing apps have been banned from leaving Beijing and passenger buses from some cities in nearby provinces have been halted, trains and most other forms of transport to and from Beijing remain open. Only schools in the high-risk areas have closed. Schools in rest of the city remain open for older students.

Beijing Outbreak Grows to Nearly 100 Cases in Test for China (1)

The costs of imposing an across-the-board shutdown are too high as Beijing’s population is much larger than that of Wuhan, said Yanzhong Huang, professor at the Center for Global Health Studies of Seton Hall University.

“A city-wide lockdown in Beijing would not only reverse the process of economic and social reopening, a key policy objective of the party, but also undermine considerably the government’s own narrative on the success of its anti Covid-19 campaign,” Huang said. “The social, economic, and political pain might be way too high to justify a city-wide lockdown.”

Beijing’s outbreak has already spread to two provinces in the northern part of China. On Tuesday, the government said that four cases reported in Hebei, the province encircling Beijing, are all linked to the new cluster.

Key Three DaysHousing compounds and companies are collecting information from their residents or workers on whether they have been to or had contact with anyone who has been to Xinfadi, the fruit and vegetable market where the new cluster was first discovered. It supplies around 80% of the city’s farm produce and tens of thousands of people pass through daily.

With mass testing and contract tracing underway, the next few days will be crucial in deciding whether to reinstate the strict measures in place during the height of China’s epidemic, when workplaces and restaurants were shut and social gatherings were banned.

The city of more than 20 million has said it can test over 90,000 people a day. It tested more than 70,000 on Sunday.

“Beijing’s reported cases in the next three days will determine where the epidemic is going,” Wu Zunyou, chief epidemiologist with China’s Centers for Disease Control and Prevention, told state television on Monday night. Those who have contracted the virus should display symptoms in around two days and if cases aren’t surging by then, it’s safe to say the outbreak has basically stabilized, said Wu.

“There’s no obvious sign of family clusters, or cross-infection between patients,” he said.

Zeng Guang, a senior expert with the National Health Commission, said he sees a high chance of a “mild second wave” when the number of infections increases in the next couple days before the spread is contained.

“But even if the virus spreads across China and lockdowns have to be implemented, Beijing will not be the second Wuhan,” he said.

— With assistance by Sharon Chen, Claire Che, Dong Lyu, and Jing Li

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