RE: What can we learn from the COVID-19 statistics in Singapore
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Hi @culgin
Imagine my shock when I woke in the morning just to learn, that amount of infected people went up from 45k just yesterday to 60k today. I'm completely shocked and worried more than I did just 24h ago.
I hope you will be safe in your location buddy. At least Singapore is more transparent than China and you will not be lied by your own authorities. Or at least not as often.
There are many who are speculating that China is hiding the real numbers of infected cases and deaths.
Hiding cases is one thing. Not being able to recognize infected people (because of lack of testing kits) is also a problem. Plus the fact, that hospials are overcrowded and under-stuffed and many people are apparently being send back home.
Sometime back I posted an article on how the COVID-19 can affect the stock market and so far I have been wrong.
You were only wrong, because more and more fiat is being printed by US and Chinese and EU and pumped into stocks markets. In theory QE and REPO market has little to do with stocks markets, and all those new cheap money have one purpose - to provide more liquidity. However redistribution of those funds sucks. It's obvious that most of it ends up moving into stock markets.
So I believe that we're witnessing fake/artificial demand. Wouldn't you agree?
Yours, Piotr
I am getting pretty concerned with the virus outbreak here in Singapore. Yesterday 9 more cases were announced bringing the total count to 67. It is apparent that community spread has already started but the government is still following the stance of not encouraging citizens to wear masks.
The stock market has simply gone mad. I personally still think that this is unsustainable, but who knows?