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LC

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Everything posted by LC

  1. Thank you for sharing! Ditto. And screw the CPC.
  2. In general: Small business are already cut to the bone. They have nothing left to give - truly on life support. GiantCos are not. As evidenced by the CEO salary cut anecdotes.
  3. A couple of reasons: Shortage of skilled workers: https://www.realclearmarkets.com/articles/2019/05/06/the_2_trillion_infrastructure_plan_is_never_going_to_happen_103726.html There is no such thing as "shovel-ready" projects: https://finance.yahoo.com/news/happened-shovel-ready-infrastructure-projects-212123861.html And this is just the stuff that is publicly visible. My uneducated but jaded view is a boatload of shitty politicking going on behind the scenes in terms of what States get what, what concessions are made, etc. etc.
  4. Let's come back to reality for a minute. Giant corporations are able to do stuff like this: https://www.hollywoodreporter.com/news/bob-iger-forgo-disney-salary-top-execs-take-pay-cuts-1287418 https://thehill.com/blogs/blog-briefing-room/news/490079-columbia-sportswear-employees-to-receive-regular-pay-as-ceo You can cut one guy's salary and now are able to pay the salaries of hundreds, thousands of people. Small businesses do not have that luxury.
  5. Nobody has ever been opposed to infrastructure spending. It just never happens.
  6. The measures China is taking:
  7. Photo of NYC's floating hospital
  8. I'll echo the other sentiments - thanks for providing updates.
  9. lenovo thinkpad. everything else sucks unless you can use apple products.
  10. NYC hospitals now using morgue trailers (previously used vans).
  11. Sorry - difficult to tell the difference these days ;D
  12. Donald Trump met with the Queen of England, and politely asked her, "Your Majesty, how do you run such an efficient government? Are there any tips you can give me?" "Well," replied the Queen, "the most important thing is to surround yourself with intelligent people." Trump frowned, and then asked, "But how do I know the people around you are really intelligent?" The Queen took a sip of tea. "Oh, that's easy; you just ask them to answer an intelligent riddle." The Queen pushed a button on her intercom. "Please send Boris Johnson in here, would you?" The Prime Minster walked into the room and said, "Yes, Your Majesty?" The Queen smiled and said, "Answer me this, if you would, Boris. Your mother and father have a child. It is not your brother and it is not your sister. Who is it?" Without pausing for a moment, he answered, "That would be me." "Yes! Very good," said the Queen. Trump went back home to ask Mike Pence the same question. “ Mike, answer this for me. Your mother and your father have a child. It's not your brother and it's not your sister. Who is it?" "I'm not sure," said Pence. "Let me get back to you on that one." He went to his advisers and asked everyone, but none could give him an answer. Finally, Pence ran in to his friend Jack Murphy in a restaurant the next night. Pence asked, "Jack, can you answer this for me? Your mother and father have a child and it's not your brother or your sister. Who is it?" Jack Murphy answered right back, "That's easy, it's me!" Pence smiled, and said, "Thanks!" Pence then went back to speak with Trump. "Say, I did some research and I have the answer to that riddle: It's my friend Jack Murphy!" Trump got up, stomped over to Pence, and angrily yelled, "No, you idiot! It's Boris Johnson!"
  13. https://www.commondreams.org/news/2020/03/28/unacceptable-dems-fume-after-trump-announces-plan-refuse-congressional-oversight
  14. Good question. Assuming I could get a decent price, I would probably trim shares. He’s had many opportunities to deploy capital: internally, repurchases, in private/takeover deals, and now in public markets. We can talk about the perils of activity just for activity’s sake, or how all of humanity’s problems stem from difficulty sitting in a room alone, but at some point you have to take risk to earn a reward.
  15. The whole COVID 19 discussion has become very polarizing rather than scientific, (at some point it becomes boring to keep saying, "we don't know for sure, we need more time/data, etc."). So rather than throw my own opinions out there and get dumped into Camp A or Camp B, rather let people make up their own mind. At least it gets people thinking. As you mention, the weekly mortality monitors are probably one of the strongest resources we have at his point in time to detect an incremental impact of COVID 19.
  16. Microsoft has like 140B of liquidity. Some debt but pretty well covered.
  17. What a display of cowardice.
  18. wow... As far as I can find it is the only timely mortality data we have. CDC publishes a weekly report but I cannot find underlying data for USA (that is recent - public datasets only go through 2018). I have not checked for Asian countries. As to the European data itself, I won't make any conclusions, just presenting the evidence. Draw from it what you will.
  19. For the board's digestion: http://www.euromomo.eu/index.html Pooled estimates of all-cause mortality show, overall, normal expected levels in the participating countries; however, increased excess mortality is notable in Italy. Data from 24 participating countries or regions were included in this week’s pooled analysis of all-cause mortality in Europe. The number of deaths in the recent weeks should be interpreted with caution as adjustments for delayed registrations may be imprecise. Furthermore, results of pooled analyses may vary depending on countries included in the weekly analyses. Pooled analyses are adjusted for variation between the included countries and for differences in the local delay in reporting. Note concerning COVID-19 related mortality as part of the all-cause mortality figures reported by EuroMOMO Over the past few days, the EuroMOMO hub has received many questions about the weekly all-cause mortality data and the possible contribution of any COVID-19 related mortality. Some wonder why no increased mortality is observed in the reported mortality figures for the COVID-19 affected countries. The answer is that increased mortality that may occur primarily at subnational level or within smaller focal areas, and/or concentrated within smaller age groups, may not be detectable at the national level, even more so not in the pooled analysis at European level, given the large total population denominator. Furthermore, there is always a few weeks of delay in death registration and reporting. Hence, the EuroMOMO mortality figures for the most recent weeks must be interpreted with some caution. Therefore, although increased mortality may not be immediately observable in the EuroMOMO figures, this does not mean that increased mortality does not occur in some areas or in some age groups, including mortality related to COVID-19.
  20. It's funny, I just made a post echoing a similar sentiment. The last thing people should be right now is certain. We have a lot of poor data, and conflicting experiences in different countries.
  21. This is the reason that this thread, and this virus, is turning into a political talking point. It's the reason we see such clusterfuckery all abouts the US in terms of response. It's human nature, even the folks here on COBF are just as susceptible as Trump. Nobody on this forum is going to be absolutely right or wrong in terms of estimating the magnitude of this situation. And certainly nobody in the real-world who are making policy decisions will be able to do so either.
  22. You forgot to post this part: CAUTION: Syndromic surveillance data can be hard to interpret. Any increases above expected could be due to changes in healthcare seeking behavior (people might be more likely to go to the ED now with less severe symptoms because they are aware of the COVID-19 epidemic), or it could be due to actual viral illness, or a combination. Maybe your eyes are better then mine but when did COVID testing starting start in NYC? This is again the argument for data bias. It is possible, but since this explanation was first posited to dismiss non-confirming evidence (about 50 pages back on this thread, by my estimate), it has become less and less probable. In other words, every day that passes where we do not see numbers subside, it becomes less and less likely that "they are all blowing this out of proportion". But ultimately given poor testing and heightened political implications, retrospective YoY morbidity rates will be the confirming evidence either way.
  23. More lack of coordination between Feds/State gov'ts: https://www.newsweek.com/warren-says-trump-admin-preventing-states-obtaining-coronavirus-equipment-theyre-doing-worse-1494586 Is the white house owned by disney? Because this is a real mickey mouse show of leadership.
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