re: #25 Hecuba’s daughter

It’s only percentage drops that matter — not point drops. The largest percentage drop in history was the 22.6% on Oct 22, 1987. The total 4 day decline this week is 11.13%, which is less than half the drop in the single day in 1987.

This market will all recover quickly if the coronavirus threat dissipates for this year — which is quite possible. So far, worldwide there are only 83,000 cases reported; in the US over the past 4 months there have been 29 million to 41 million cases of flu. Every time we think that some action will finally bring down this administration, we have been wrong — and so far, it doesn’t appear that this will ultimately succeed either.

About the first: Yes, percentages matter more if you’re talking about market share, but if you’re talking about ego and fucking things up, those numbers matter. There are also mechanisms built into the market to keep it from dropping like it did on Oct 22. So, it can never again be a percentage to percentage comparison.

Comparisons to the flu can only get you so far as well. We have vaccines for the flu. We have some level of known immunity. We’ve had flu epidemics wipe out large numbers of people before, partially leaving people who were somewhat immune. The spread of the coronavirus is just getting started.

The flu isn’t going to end Trump’s term unless it incapacitates Trump.