Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic
1 | ... | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | ... | 381
797 posts

Ultimate Geek

Lifetime subscriber

  #2427837 27-Feb-2020 06:48
Send private message quote this post

Last week - after a bit of research, brought on partly by reading many interesting posts on Geekzone (among others), I sold off a bunch of my holdings.
Particularly Energy, Commodities, Tourism.. but held onto others (like Netflix - figure everyone will want something to watch while they're quarantining)

That afternoon I received an unsolicited email from one of my financial institutions - "Hi *** I'm *** a Certified Financial Planner with ***.. there's lots to deal with and that is why I'm reaching out to you, to ensure we are here to help you as you need it."

They obviously thought I was making a terrible decision, perhaps would sue them once this turned out to be a 'storm in a teacup' and regretted my actions.

This morning my email box was again filled with 'Drops below' price alerts and warnings of mass selling.
Thanks Folks.


19830 posts

Uber Geek

Trusted
Lifetime subscriber

  #2427855 27-Feb-2020 07:27
One person supports this post
Send private message quote this post

PolicyGuy:
MikeB4:
The financial markets should not be looked upon as a barometer for this, they generally behave like demented reef fish and as jittery as a field mouse in a cattery.


There is something very odd about the financial markets' activities: since the outbreak started until last weekend, almost no reaction, then three days (so far) of panic.
It's been pretty obvious for at least three or four weeks to anyone paying attention [e.g.on GeekZone ;)] that a major outbreak is certain and a pandemic almost certain, yet "the markets" continued fat & happy on their way, until they "suddenly noticed" last weekend.

You'd almost think that gave the big end of town enough time to get their hedges and shorts in place before crying "panic" and spooking the lemmings over the cliff

 

Up until Iran and Italy suddenly had a large number of infections, it was all in China with very very small leaks elsewhere. Iran, Italy, now South Korea and now South America have changed the outlook. Leaks to non China countries are now growing epidemics, so its now a global outbreak, rather than 99.99% China based, thats the difference


 
 
 
 


4555 posts

Uber Geek


  #2427956 27-Feb-2020 08:24
One person supports this post
Send private message quote this post

Now is a great time to buy shares. 

 

 


13 posts

Geek


  #2427969 27-Feb-2020 08:47
Send private message quote this post

tdgeek:

 

I still dont follow why Hubei has such a high death rate compared to elsewhere in China. Its as though I get all the stats then throw them up in the air. And its probably other Govts as well as China where the numbers may be massaged.maybe even WHO, to reduce unrest.

 

 

There has been a fair amount of devious talk about ACE2 alveoli receptor achillies heel issue.  Here is one refutation, and some musings over other possible reasons for the Hubei mort rate...

 

https://jameslyonsweiler.com/2020/02/16/more-on-the-ace2-related-asian-covid-19-susceptibility-hypothesis/


797 posts

Ultimate Geek

Lifetime subscriber

  #2427973 27-Feb-2020 08:58
2 people support this post
Send private message quote this post

canine:

 

There has been a fair amount of devious talk about ACE2 alveoli receptor achillies heel issue.  Here is one refutation, and some musings over other possible reasons for the Hubei mort rate...

 

https://jameslyonsweiler.com/2020/02/16/more-on-the-ace2-related-asian-covid-19-susceptibility-hypothesis/

 

 

The problem with that link is James Lyons Weiler


4451 posts

Uber Geek


  #2427977 27-Feb-2020 09:04
3 people support this post
Send private message quote this post

canine:

 

https://jameslyonsweiler.com/2020/02/16/more-on-the-ace2-related-asian-covid-19-susceptibility-hypothesis/

 

 

I was wavering at:

 

"Current hypotheses include that a covert SARS vaccination program was included in the national mandatory vaccination program started on Dec 1, 2019 "

 

They lost me at:

 

"the medical community should begin to collect past medical exposure information while they collect information on contact w/people who recently traveled to China:

 

"Were you recently vaccinated using aluminum-containing vaccines?"

 

 

 

This is just a typical Anti-vax post  dressed up in epidemic Tyvex Overalls


1257 posts

Uber Geek


  #2427982 27-Feb-2020 09:15
Send private message quote this post

Yeah that link took a wrong turn at Albuquerque, Why is it so hard for people to understand that poor environmental conditions + old age + smoker/exposure to smokers + overwhelmed medical system = high death toll





Most problems are the result of previous solutions...

All comment's I make are my own personal opinion and do not in any way, shape or form reflect the views of current or former employers unless specifically stated 

 
 
 
 


19830 posts

Uber Geek

Trusted
Lifetime subscriber

  #2428003 27-Feb-2020 09:27
Send private message quote this post

For the first time in the novel coronavirus outbreak, the number of new cases reported outside of China in a single day was larger than those reported inside China, the World Health Organization reported today.

 

China reported 412 newly confirmed cases today, while 459 additional cases were reported outside of China, according to WHO’s daily report.

 

Most of China’s cases came from Hubei province, which reported 401 new cases. Six came from outside mainland China, including four from Hong Kong, which WHO includes in China’s count.

 

More than half of new cases outside of China came from South Korea, which reported 284 cases.

 

 

 

Given China's huge population, you would have to say there is a level of containment there. And in Iran, Italy and South Korea its probably running amok, out of control. In Brazil now too


3270 posts

Uber Geek

Lifetime subscriber

  #2428004 27-Feb-2020 09:28
Send private message quote this post

mattwnz:

 

Peoples kiwisavers could also be badly affected depending on how it plays out and the fund they are in, and how the sharemarket reacts over the longer term. So these sorts of events can jolt big corrections.

 

 

I believe the share market jitters are short-term (but of course may be wrong). For example, the drop in the NZX50 takes the price back to 5 Feb. So you'll only lose money if you bought in the last 3 weeks, and have to sell before the price recovers.

 

There's no cause for panic (unless you sold your house two weeks ago and invested all the proceeds in the sharemarket and signed up yesterday to buy a house tomorrow). The NZX50 has risen about 30% in the past year. So, if it drops 30% (which would be catastrophic), you'll lose 1 year of profits. Kiwisaver funds are typically long-term, and not all in the share market, so won't be affected very much at all.

 

 


3270 posts

Uber Geek

Lifetime subscriber

  #2428054 27-Feb-2020 09:40
Send private message quote this post

tdgeek:

 

company A is still as great as it was pre virus

 

 

Except if there really is a raging, decimating, pandemic.

 

The Black Death caused massive social changes because it killed so many people that suddenly houses and land were cheap to worthless; landlords couldn't find tenants, farm owners couldn't find workers, and the market for foodstuffs plummeted. Conversely, workers' value went up, so people could safely leave their jobs and move around more.

 

But covid19 doesn't seem to be anywhere near the virility of the Black Death. Or maybe it's just that we now have better healthcare systems.

 

 


1257 posts

Uber Geek


  #2428055 27-Feb-2020 09:40
Send private message quote this post

German DAX is back to October levels, Nasdaq back to the start of the year and still dropping, S&P 500 is back to start of December, Nikki back to October. 50% of the worlds manufacturing base is in various states of crippled. If you mean short-term as in 12-24 months then sure, I'm already being told from suppliers than even if China started up again tomorrow at 100% I can expect at least 6 months of supply issues on various tech items





Most problems are the result of previous solutions...

All comment's I make are my own personal opinion and do not in any way, shape or form reflect the views of current or former employers unless specifically stated 

2363 posts

Uber Geek

Trusted
Subscriber

  #2428138 27-Feb-2020 11:52
Send private message quote this post

I also read somewhere about a shipping container shortage outside of China as a whole bunch are stuck in China not moving. So supply issues are likely to be far wider than just stuff made in China.





Delete Social Media

 


My thoughts are my own and are in no way representative of my employer.


9657 posts

Uber Geek


  #2428155 27-Feb-2020 12:29
Send private message quote this post

Here's the live feed of a press conference from the President of the United States of America and CDC task force:

 

https://www.youtube.com/watch?v=j_0iw62a6PQ&feature=youtu.be

 

 


6164 posts

Uber Geek

Moderator
Trusted
Lifetime subscriber

  #2428178 27-Feb-2020 12:45
Send private message quote this post

geekiegeek:

 

I also read somewhere about a shipping container shortage outside of China as a whole bunch are stuck in China not moving. So supply issues are likely to be far wider than just stuff made in China.

 

 

Probably no worse than the Maersk ransomware event at this stage.  Global logistics ground to a halt when that happened.  Another problem of a monolithic organisation being taken out of action as a single point of failure.  Just as China is a monolithic single point of global manufacturing failure. 


1257 posts

Uber Geek


  #2428182 27-Feb-2020 12:56
Send private message quote this post

Maersk was only a 10 day event tho, How many weeks into the shutdown are we now? 5?





Most problems are the result of previous solutions...

All comment's I make are my own personal opinion and do not in any way, shape or form reflect the views of current or former employers unless specifically stated 

1 | ... | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | ... | 381
Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

New online learning platform for kids stuck at home during COVID-19 lockdown
Posted 26-Mar-2020 21:35


New 5G Nokia smartphone unveiled as portfolio expands
Posted 26-Mar-2020 17:11


D-Link ANZ launches wireless AC1200 4G LTE router
Posted 26-Mar-2020 16:32


Ring introduces two new video doorbells and new pre-roll technology
Posted 17-Mar-2020 16:59


OPPO uncovers flagship Find X2 Pro smartphone
Posted 17-Mar-2020 16:54


D-Link COVR-2202 mesh Wi-Fi system now protected by McAfee
Posted 17-Mar-2020 16:00


Spark Sport opens its platform up to all New Zealanders at no charge
Posted 17-Mar-2020 10:04


Spark launches 5G Starter Fund
Posted 8-Mar-2020 19:19


TRENDnet launches high-performance WiFi Mesh Router System
Posted 5-Mar-2020 08:48


Sony boosts full-frame lens line-up with introduction of FE 20mm F1.8 G large-aperture ultra-wide-angle prime Lens
Posted 5-Mar-2020 08:44


Vector and Spark teamed up on smart metering initiative
Posted 5-Mar-2020 08:42


Schneider Electric launches new PDL Pro Series designed specifically for the commercial building market
Posted 5-Mar-2020 08:39


Kiwi app Pedigree DentaStix Studios uses pet images to counter impact of negative social media Content
Posted 5-Mar-2020 08:32


Samsung expands to New Zealand in 5G Networks Deal with Spark
Posted 5-Mar-2020 08:17


New Vodafone mobile data plans with unlimited data
Posted 26-Feb-2020 06:55



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.