We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Covid-19 - New US Cases Set to Soar? Impact On Markets?

13

Comments

  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper

    If in doubt hold - it will recover given time, more than likely!
    Some haven't as much time as others!
    One person caring about another represents life's greatest value.
  • [Deleted User]
    [Deleted User] Posts: 21,434 Newbie
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    If you have the courage, now might be the time to put money into the market's.
    Personally I'm going to wait a bit (my own s & s are showing a net loss of about 10% atm)
  • Ciprico
    Ciprico Posts: 662 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Anyone know exactly what these "Underlying Health Conditions are"...?
    Is it possible the vulnerable demographic in US could be different to say China...?
    In China the underlying health conditions could be mainly related to (very) old age -  most very old people everywhere are going to have an UHC at some point, for sure something's gonna get us all in the end !
    In USA it may not be only the very old, it may also be the very overweight, many of whom will already 
    have heart conditions, so the effected demographic could be much younger and have a greater impact on many levels....
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    123mat123 said:
    Anyone know exactly what these "Underlying Health Conditions are"...?
    Is it possible the vulnerable demographic in US could be different to say China...?
    In China the underlying health conditions could be mainly related to (very) old age -  most very old people everywhere are going to have an UHC at some point, for sure something's gonna get us all in the end !
    In USA it may not be only the very old, it may also be the very overweight, many of whom will already 
    have heart conditions, so the effected demographic could be much younger and have a greater impact on many levels....
    It will probably effect the poor/those without heath insurance more in the USA.
    They will delay seeing a Doctor because of the cost involved.
    One person caring about another represents life's greatest value.
  • kinger101
    kinger101 Posts: 6,655 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kinger101 said:
    The tests aren't random, although they've falsely been reported as such.  They're taken on people presenting with flu-like symptoms who are sufficiently ill to visit GP or hospital.  If they were random, it would mean that there were ca. 120,000 people in the UK infected.
    Exactly. I'm more reassured by a system that has lots of negatives. 

    US clearly aren't testing enough people 
    As the CDC's threshold for testing is higher, I think there's little point in comparing to two.  One could argue the CDC are doing a better job, as they've identified 20 cases with 500 tests rather than 10,000.  But without knowing how many cases we'd find if the US had tested using the same criteria, we just cannot know.


    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • tropic_of_capricorn
    tropic_of_capricorn Posts: 1 Newbie
    First Post
    edited 1 March 2020 at 5:15PM
    It will probably effect the poor/those without heath insurance more in the USA.
    They will delay seeing a Doctor because of the cost involved.
    Wow, it's almost like "health communism" would be better for the American economy. But clearly that can't be true. Bernie Sanders is the real danger. As you were. ;)
  • NorthernJoe
    NorthernJoe Posts: 92 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Big land mass to cover effectively. 
    And the most expensive health care in the world. It's all relative.
    I'm not advocating population level screening. 
    The reality is the US response to this has been embarrassing. Northern Ireland has tested more cases than the USA. 
    When we discover next week the full scale of the infection in the USA prepare for real falls in stock markets.

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 1 March 2020 at 9:29PM
    123mat123 said:
    Anyone know exactly what these "Underlying Health Conditions are"...?
    Is it possible the vulnerable demographic in US could be different to say China...?
    In China the underlying health conditions could be mainly related to (very) old age -  most very old people everywhere are going to have an UHC at some point, for sure something's gonna get us all in the end !
    In USA it may not be only the very old, it may also be the very overweight, many of whom will already 
    have heart conditions, so the effected demographic could be much younger and have a greater impact on many levels....
    China, India, Indonesia etc don't have the health infrastructure of the developed world, ic units etc. Nor the same levels of sanitation or personal health hygiene (though the UK isn't what it used to be). Then there's malnutrition to be factored in. Most of us are ultimately are going to catch the virus and never realise it. 
  • Lungboy
    Lungboy Posts: 1,953 Forumite
    Part of the Furniture 1,000 Posts
    123mat123 said:
    Anyone know exactly what these "Underlying Health Conditions are"...?
    Is it possible the vulnerable demographic in US could be different to say China...?
    In China the underlying health conditions could be mainly related to (very) old age -  most very old people everywhere are going to have an UHC at some point, for sure something's gonna get us all in the end !
    In USA it may not be only the very old, it may also be the very overweight, many of whom will already 
    have heart conditions, so the effected demographic could be much younger and have a greater impact on many levels....
    Cardiovascular disease, diabetes, respiratory disease etc.
  • Albermarle
    Albermarle Posts: 29,075 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Monday will be another bleak day for the markets.
    Not sure your crystal ball has been working so well ….
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.