My Authors
Read all threads
1) Strange that China is the bull case. Car and coffee sales both down 80%ish in February and the recovery does not appear V-shaped so far. Curious to see how long China holds in given their economy is still export dependent.
2) Part of today’s weakness is about schools being closed in NYC and thousands quarantined.

Important to stay balanced - Biden, Fed are big positives. But uncertainty is still *very* high.
3) Guidance given only weeks ago is already being pulled.

Management teams have minimal insight.
4) Thought this was a helpful chart from the CDC courtesy of @ryaneshea

Fatality rate for Coronavirus likely skewed upwards by under diagnosis vs. the flu but still concerning. Disclaimer: I have absolutely zero expertise in this area.
5) Administration has clearly told the CDC to underreact as a way to minimize economic damage. Humanitarian/moral concerns aside, the lack of an effective CDC response is maximizing uncertainty, economic damage and mkt weakness.
6) Inadequate screening for overseas travelers.
7) Failure to protect health care professionals.
8) Local responses also suboptimal so far.
9) CDC and local responses will improve. This too shall pass. Coronavirus is improving in China and Korea.

But uncertainty is really high. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” If only it were so easy!
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Gavin Baker

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!