US and UK Coronavirus Trend Trajectories vs Bear Market and AI Stocks Sector
Politics / Pandemic Mar 30, 2020 - 04:11 PM GMTThe world is increasingly going into LOCK DOWN, with the latest being India (a lock down mostly in all but name). Still Europe is in lock down, large swaths of the US are increasingly going into lock down that saw a fumbling in the dark President Trump first suggest a quarantine for the entire state of New York and neighbouring states, only to back track a few hours later when the adults in the White House had a quiet word with him thus saving the US from another 10% down trading day Monday!
What's just as worrying as the Coronavirus are the Gestapoesk powers being handed to the Police, it won't be long before the powers start going to their heads and abuse of power starts takes place. At least in the UK usually the worst ordinary citizens are going to face is being tasered, expect far worse in the US a case of shoot first test later policy!
Meanwhile the coronavirus rages on in both the UK and US as the potential catastrophe that I have been warning of since early March is fast becoming a reality as the parabolic trend trajectories of early March when the UK had just 100 cases and the US about 200 were screaming DANGER, have continued to worsen with each passing day, a curve which has literally gone ballistic for US as each updated numbers warned of the catastrophic consequence of our criminally negligent governments having done NOTHING, only starting to act when it was TOO LATE!
It was simple, this could have been fairly nipped in the bud in January. Just quarantine everyone flying in from China! But they would not do that because it would shaved a few percentages off of airline profit margins and upset the Chinese totalitarian state who had been lying through their teeth to the number of infected and deaths. So now what? Shave how many percentages off of global GDP? About 1000 times more costly in economic terms and 10,000 times as many lives lost outside of China due to the UK and US governments not being fit for purpose! And I am not saying this with the benefit of hindsight as my following January video illustrates -
And so because Governments basically did nothing until recently means we are all now going to pay heavy price for what amounts to CRIMINAL NEGLIGENCE, All whilst the clowns in the Number 10 and the White house prance around like prize bulls, playing at being in charge when both 'leaders' have shown themselves to be lacking! For actions speak louder than words in that respect all we got for the whole of February were photo opportunities and publicity stunts. The Clown in No10 couldn't even protect himself so how is he going to protect the nation? Instead he's gone on to infect the Health Secretary and the Chief Medical Advisor i.e. all those leading the fight against the virus are now ILL after failing to practice what they have been preaching about hand washing and social distancing as the following first minute of this video illustrates.
And it's EVEN WORSE in America as the CDC instead of doing their jobs during February were busy sending out FAKE test kits that DID NOT WORK! CRIMINAL! It's as though they wanted the virus to spread the only logical reason for which would be to foster herd immunity.
AND NOW WE PAY THE PRICE!
So the governments have PANICED! Swung from the one extreme of doing nothing to other extreme of shutting down most of the economy and movement of people. it was clear to anyone with half a brain cell of what needed to be done as South Korea lit the way, instead they did nothing until it was too late!
As I have been iterating for the whole of March, this Pandemic WAS NOT INEVITABLE, and thus what is now coming to pass is MASS MURDER. A warning to the electorate choose very carefully who you elect into power!
Unfortunately it's too late now as my analysis of a week ago concluded that the damage had already been done regardless of what actions were taken as there is a 2-3 week lag between cause and effect, therefore all we can do is attempt to determine how bad the actual trend trajectories are so as to look for either positive or negative deviations against the trend, where a several weeks ago I had hoped that the morons in charge would see what was happening in Italy and thus STOP WASTING TIME AND TAKE IMMEDIATE ACTION!
Instead we are left with fast developing hotspots of London and New York, New Jersey and Birmingham, Detroit and Sheffield, and likely several more to emerge over the coming week.
The rest of this extensive analysis has first been made available to Patrons who support my work - US and UK Coronavirus Trend Trajectories vs Bear Market and AI Stocks Sector
- Paying the Price for Acting Too Late
- UK Coronavirus Trend Trajectory - Deviation Against Forecast
- US Coronavirus Trend Trajectory - Deviation Against Forecast
- Coronavirus Stock Market Trend Implications
- Coronavirus Global Recession 2020
- Existing Stock Market Trend Expectations
- AI Stocks Q1 Buying Levels Current State
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Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
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