TPS

Well, here we go.. cuomo says 3 cases in Erie county

Keep focused on what’s important...

I’m of the mind to fortify the D in FA, then focus draft on O. Go for Clowney and Reader. Trade back in R1 for a third, then draft 2WR, OT, and RB in first 3 rounds.

I said this over a week ago and got pilloried for questioning his highnesses’s response... He certainly made sure yesterday’s Presser was in time to ensure it would impact stocks..

I thought that’s how the market system worked?

He and congress (as soon as the bill gets passed) have done some of the things necessary to make investors feel there is a serious response to restraining the virus and funding the immediate related needs. I think I read pelosi said they would take up an economic stimulus later, which is how it should go. The big unknown now is whether or not enough has been done to ensure we don't become Italy. If the number of cases continues to accelerate, that will spook the markets again. So, my view is it won't be about Monday, rather the market reactions will be over the next couple weeks.

That is one sector of the economy. Don't ignore the positive effects of lower prices on the consumers of petroleum products, which is much larger.

It will depend what he says at 3. Declaring an emergency which frees up funds to the states is very positive. Hope he sticks to his script again...

This is a very positive step. The states will need all of the federal support they can get. I hope it clears this issue up... https://www.latimes.com/politics/story/2020-03-13/trump-administration-blocks-states-use-medicaid-respond-coronavirus-crisis

Yes, the market reacts to information. While you are pointing at the day-to-day dramatic movements, my comments were in response to @Rob's House about where the market is going. Based on my view, I said the Fed's rate cuts were a little sugar and would not halt the drop, just as the new $1.5 trillion liquidity injection is--it saves the financial system from freezing up, but that is NOT the issue underlying all of the fear and uncertainty, which is what explains the downward trend. As I said to Rob, I don't believe it will hit bottom until investors have some sense of the magnitude of the virus and are given hope from policy prescriptions that actually impact the spread. Everyone is flying blind, so the trend will continue down until a real response is announced. Actually, now that I think of it, your description of what happened is essentially what I'm saying--a big sugar high from the Fed is wiped out by reactions related to the virus. I'm sure all of that stupidity (cancelling events, etc) is all part if the giant conspiracy to take down trump....

You've really become the tibs of the TLS folk... Going back to business as usual. Foe example, I doubt the cruise industry will ever get back to a pre-corona level.

This is ppp, you gotta do better than that man.

I was just giving my long time ppp pal some grief. Coming from the guy (me) who is a long-time conspiracy theorist...?

You mean I needed to say something more than "speaking of conspiracy theories"? that's why I posted it here rather than the virus thread.

Just came across this editorial which expresses what I was trying to say. https://www.bloomberg.com/opinion/articles/2020-03-12/stock-markets-need-to-see-the-government-panic?sref=U5wmynFo

Speaking of conspiracies... https://www.military.com/daily-news/2020/03/12/chinese-official-says-us-army-may-have-brought-epidemic-wuhan.html

The probability of a recession is now 100%. The damage has been done, and no matter what the "big breakthrough" is, it will take some time for people to recover from this.

C'mon buddy, own up to it.

Beane is working his magic. I hope they address most areas and leave WR open, then draft 2.

This is what I was trying to get across to all the TLS doubters the past 10 days or so. https://www.wsj.com/articles/u-s-hospitals-face-major-challenges-as-coronavirus-spreads-11584056336?mod=hp_lead_pos2 Hospitals across the country are bracing for an expected surge in patients as the U.S. coronavirus outbreak widens, with more than 1,320 cases across 42 states and the District of Columbia as of Thursday, according to Johns Hopkins University and Centers for Disease Control and Prevention data. Hospital executives say they are scouring inside and outside their walls for space to put patients, tightly managing dwindling stocks of medical supplies and hunting for critical equipment and extra health-care workers, who are already in high demand and at risk for quarantine from exposure while on the job.

Are you suggesting there won't be a recession because of this? If so, I'd like to make a bet...

Is this a conspiracy theory?

Are you kidding, that is a great deal for the Bills, especially for a guy who didn't give up a sack (or close to it)

We have similar analyses....completely agree.

You missed out on some big gains then. When you cut corp taxes, that is a BIG buy sign...