sp2 wrote:
Jesus, man, you're making some *really* weak arguments. If you're planning investments based on that 'narrative,' I wish you luck.
(As just one little example, there is still ZERO evidence that warm weather shuts down the virus.
Yet every denialist on the board continues to tout it as the thing that's 'guaranteed' to save us.
Amazing.)
Community transmission in equatorial and southern hemisphere countries has been fairly low. Most of the Australian cases came from international travelers (Australia is a popular tourist destination this time of year), with some community transmission to health care workers. Beijing to Melbourne is an extremely busy route.
Plus, the market has already dropped close to 40%, it has priced in a lot of what people are afraid of. There have only been a few panics that were larger. This one is based entirely on fear of a virus that is comparable to H1N1 in it's mortality capability [the main differences are the availability of a vaccine (which didn't come until November, six months after the emergence) and this primarily kills off people who are older (80% of H1N1 deaths were people under 65)]. The market rebounded from that and it will rebound from this. There are already a number of treatments showing promise, vaccine clinical trials are underway, our ability to engineer drugs has never been better and a number of countries have been able to control it effectively.
In case you are young and have never heard of H1N1, here is some information:
https://www.cdc.gov/flu/pandemic-resources/2009-h1n1-pandemic.html