Our Stable Jenius Assures Us All Is Well

Stable Jenius

Today, the Dow Jones Industrial Average closed down 1,031.54 points, or 3.55%, its biggest point drop in nearly two years. The S&P 500 also had its worst trading day since February 2018, falling 3.35% to 3,225.89 and erasing its year-to-date gains, while the Nasdaq Composite closed 3.7% lower at 9,221.28.

Draw your own conclusions, but I’d say that the banks know that The Chosen One doesn’t know what he’s doing in re: epidemics is the calculus for sell, Sell, SELL orders.

UPDATE 1: OMG, we’re doomed!

This entry was posted in Lord Damp Nut, The Russian Usurper, Pandemics. Bookmark the permalink.

12 Responses to Our Stable Jenius Assures Us All Is Well

  1. Chris Papalia says:

    I get the feeling that Ken Cuccinelli spent an inordinate amount of his teens and twenties being sent down to the hardware store to pick up a left-handed screwdriver, a long weight and some striped paint.

    Liked by 2 people

  2. Well, when most companies on the Dow are stuck with sole source suppliers (China) even if the coronavirus doesn’t become a big problem elsewhere, you’re still screwed, because it’s still a big problem in China.

    And if it’s blown up to big problem in Italy, well Heloooo pandemic! (just a gruesome note…it was Italian ports where the Black Death got it’s foothold in Europe in the 14th century…)

    Now, I’m still of the guarded opinion that it’s not going to be as bad as it seems, because I’m guessing that the majority of cases are still too minor to put folks in the hospital (consider the flu: It’s got an actual death rate this year of just under 0.1% of all estimated cases. However, the death rate is 7% among people hospitalized for the disease. https://www.cdc.gov/flu/about/burden/2018-2019.html )

    With the coronavirus cases, we’re only getting decent counts of the hospitalized and dead; the estimates of people who actually have the disease are wildly variant, because it masquerades as common wintertime respiratory illnesses, and is intermingled with the ongoing annual flu pandemic.

    Liked by 3 people

  3. That twitter thread is golden. “Looks like someone in the trump administration got stopped by a wall!”

    Liked by 2 people

    • MDavis says:

      With such trumpian arguments as “you people are all idiots” but I have no idea why she(?) thinks so. Except, maybe, others are pointing out that trump dismantled the CDC’s epidemic/pandemic response system and she doesn’t want to hear that trump screwed up that big. Or something.

      Like

  4. Redhand says:

    Stock CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!

    The wisdom of a complete, soulless moron. “So great agencies working very hard and smart! So great stock market starting to look very good to me! Who says pandemic threat serious when stocks rise! Fake news!”

    Liked by 1 person

  5. rsginsf says:

    I had problems with the JH CSSE website earlier in the day, but I’m assuming it was just swamped. It’s up & working fine. And there’s no paywall:
    https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html?utm_source=nextdraft&utm_medium=email#/bda7594740fd40299423467b48e9ecf6

    Like

  6. Chris Papalia says:

    Moving on from the humour generated by just how inept at, well anything, that this administration is, there is the fact that these clowns will be in charge of managing the crisis when, as now seems highly probable, this new coronavirus becomes a pandemic. Initially they will deny that it is a problem, and that this could actually be beneficial because it reduces China’s competitiveness (well we’re there already on that response), and then, as infected cases mount, they will panic, embrace Rush Limbaugh’s insane conspiracy that the Chinese produced the virus to undermine Trump, and impose race-based quarantines and isolation.
    What you won’t see is the regime listening to medical specialists.

    Liked by 3 people

  7. Chris Papalia says:

    Just to be clear, I meant that they will claim that the coronavirus is beneficial because it undermines China’s competitiveness; as some members of the regime already have.

    Liked by 1 person

  8. Dennis Cole says:

    If there’s money to be made from this, and similar human catastrophes, you can bet the tRump Dynasty will be there with both hands out and their moneybags wide open, to catch every last stray nickel. The ability to garner profits from others misfortunes is the hallmark of these predatory monsters. Steal from Charities? Not a problem. SET UP various charities, solely to scam the public and skim off the Ameros? You bet they will! Nothing is too craven for this cowardly crew.

    Liked by 1 person

    • MDavis says:

      Offewr to train people to make a living and feed their families, but then deliver nothing but hype and come ons? Done, and the slush fund covered bribes to minimize the prosecution results.

      Like

  9. Pingback: Trump v Coronavirus | personnelente

Comments are closed.