Re:Why Is the Stock Market Booming?
by caseysoftware on Friday April 10, 2020 @02:17PM
(#22835802)
> It's unrealistic to expect that people won't want to travel or eat out.
Yes, people will want to eat out. But it will be fewer than a few months ago because a) layoffs, b) less disposable income, c) the fear of less/no income soon, d) the fear/risk of getting sick, and other reasons I can't guess.
Whether that is -10%, -50% or -95% has yet to be seen and near impossible to predict usefully right now.
Re:Why Is the Stock Market Booming?
by bathtub365 on Friday April 10, 2020 @02:01PM
(#22835595)
Which previous pandemic of this scale are you using as an example?
Swine flu killed a couple hundred thousand only 10 years ago or so. There were a pair of flu pandemics each lasting about a year, one in the 1950s, and one in the 60s. Each of those killed a million.
The Spanish flu killed like ?? tens of millions, also in a year or two.
There was a more protracted pandemic that killed a million around 1910-1920, but it wasn't a flu.
Airplanes I'll grant you - I can definitely see a world where flights swing closer to a luxury good like they were decades ago.