Grand National and Corona?

[35-709]

   Chicken Little lives!

[Scot Minesinger]

I will never be able to retire if the market continues like this awash in red ink.

[cadillacmike68]

China doesnt really care about individual human life, but even they shut down.  Im seriously concerned that many older people arent taking this as the grave moment it is.  Italy gets the flu just like we do - yet they are overwhelmed and shut down.  Common sense points to this actually being a disaster, even if you dont trust the media.  Just look abroad and see how they are responding or being overwhelmed. 

But both Italy and even worse, iran didn't DO Anything. They continued to allow travel to & from China until they were biatchslapped with it. At least the US immediately stopped travel to & from China. 

Of all the countries with 200 or more cases, only Japan with 5.5 cases per million population and Canada with 5.2 cases per million are lower than the US with cases per million. Further Japan is and has always been very insular and Canada (198 cases, but I lumped it in) has Far fewer international travelers than the US.

[cadillacmike68]

I will never be able to retire if the market continues like this awash in red ink.

It'll get better. This is not 2009.

Or, you can sell a couple of those Cadillacs.

[druby]

Folks,
Get ahold of yourselves over this, our CLC President has addressed the current situation about the upcoming GN in June, I’m sure as time draws closer the proper decisions will be made by Board Members and Cadillac Motor Division. Let’s not go overboard with a ton of question on the subject, and personally those on here that are “non members” should seriously think about joining the club and a region to see how this club operates. Let’s wait this mess out and see where we go, hopefully this too shall pass.

[Jeff Wilk]

Thanks Dan at least for the GN there is some time. Another concern are all the spring meets throughout our hobby that many are just sticking their heads in the sand. For those who care, read the attached from the front lines. We all have responsibilities to those at highest risk......and sorry but that has to be a large segment of our membership.

https://www.newsweek.com/young-unafraid-coronavirus-pandemic-good-you-now-stop-killing-people-opinion-1491797

[cadillacmike68]

Newsweek is still in existence? I guess it is worth the space it takes up, literally zero in my (not so) humble opinion.
Sure this dr can spout off, but Italy brought this on themselves because they didn't Do ANYTHING to restrict travel to & from china like we did.

[Jeff Wilk]

Amen Steven. I’ll take the facts every day. Unfortunately those who choose to keep their heads in the sand are even more likely to vector illness further into the population.

[dochawk]

I will never be able to retire if the market continues like this awash in red ink.

A full two years to return to prior peak would be exceptionally rare.

Still, being only a few years away from a (hopefully) early retirement, being daily swings in both directions of more than my annual spending is kind of annoying . . .