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China to inject $174B of liquidity on Monday as markets reopen

reuters.com

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Re: China to inject $174B of liquidity on Monday as markets reopen

#21

Post by jmnicolas »

cagenut wrote: post #15
jmnicolas wrote: post #11

Earlier quoted context omitted.

Stop spreading FUD. There have been a couple hundred deaths. Even if the numbers have been minimized, compare this to the 40'000 deaths due to the flu in the US every year ...

deaths are absolutely the wrong metric to focus on at this point. as you said, the normal flu is plenty deadly. even if we assumed that variable was break-even, what matters now is the rate of infection transmission and growth. right now it is still exponential. we can only hope for the bend in a sigmoid curve to come soon, but we haven't seen it yet. now on top of the fact that it is still exponential is the greates…

> what matters now is the rate of infection transmission and growth

I don't think it's the right metric to focus either.

The survivability rate once infected is probably the most important.

I believe that medias business model (pay per click) force them to jump on and exaggerate any threat so as to get more views. It's not the first time and sadly not the last that we see such a thing.

I could be wrong but I don't think it's the end of the world ;-)

Re: China to inject $174B of liquidity on Monday as markets reopen

#22

Post by appleiigs »

totalZero wrote: post #9
wyxuan wrote: post #4

Wilbur Ross's comments come off as a little callous but whatever. Anyway, these repo operations are meant to stabilize the markets in the event of a flash crash where there is a major dislocation on the price of equities, due to the coronavirus. Still might be a major downside move, but it should stave any long term move downwards.

China is a major manufacturing partner and it is Wilbur Ross's job to identify and discuss weaknesses in that setup. What do you expect him to do, quietly put his head in the sand? Repo gives liquidity to banks, which may prevent them from selling other assets in order to maintain operations and meet any balance sheet requirements they may have. It doesn't automatically support equities. China's government may also b…

Yes, this not about equities. I've been through a couple market disruptions on the corporate side. Our revenue is from retail, our expenses are to other businesses. During a natural disaster, people are preoccupied in paying the bills and are late paying. Meanwhile, my corp had contractual obligations to other businesses to pay on specific dates. With less revenue and same expenses, we borrow from the banks. If all corps are going through the same natural disaster, we're all borrowing from the banks. Those banks run out of cash and borrow it from the gov't.

Re: China to inject $174B of liquidity on Monday as markets reopen

#25

Post by seanmcdirmid »

Having lived in Beijing for 9 years, I’m glad I’m not there right now. Not because of a fear of getting sick, but of the sheer boredom of being stuck in my apartment, nowhere to eat, drink, or even walk without an appropriate face mask. Heck, even going to the office is probably off limits right now.

Re: China to inject $174B of liquidity on Monday as markets reopen

#28

Post by capableweb »

seanmcdirmid wrote: post #25

Having lived in Beijing for 9 years, I’m glad I’m not there right now. Not because of a fear of getting sick, but of the sheer boredom of being stuck in my apartment, nowhere to eat, drink, or even walk without an appropriate face mask. Heck, even going to the office is probably off limits right now.

> being stuck in my apartment, nowhere to eat, drink, or even walk without an appropriate face mask

As someone who never been there (or in China for that matter), is "face mask" a synonym for something or you mean literally a face mask? Don't think it's mandatory to wear face masks, just that a lot of people do it, right?

If someone knows better, please correct me

Re: China to inject $174B of liquidity on Monday as markets reopen

#29

Post by cagenut »

jmnicolas wrote: post #21
cagenut wrote: post #15

Earlier quoted context omitted.

deaths are absolutely the wrong metric to focus on at this point. as you said, the normal flu is plenty deadly. even if we assumed that variable was break-even, what matters now is the rate of infection transmission and growth. right now it is still exponential. we can only hope for the bend in a sigmoid curve to come soon, but we haven't seen it yet. now on top of the fact that it is still exponential is the greates…

> what matters now is the rate of infection transmission and growth I don't think it's the right metric to focus either. The survivability rate once infected is probably the most important. I believe that medias business model (pay per click) force them to jump on and exaggerate any threat so as to get more views. It's not the first time and sadly not the last that we see such a thing. I could be wrong but I don't th…

the context of the thread, the post you were replying to, is about the economic impacts of most of china staying "on vacation" for a few more weeks.

your twice now trying to catastophize that into a deathtoll or "the end of the world" constitutes either a double-mis-reading or an active attempt at trolling. you want to blame the media, but you are the person introducing the false extremes to this conversation.

people don't have to die from a disease to not want to get it.

Re: China to inject $174B of liquidity on Monday as markets reopen

#30

Post by sfkdjf9j3j »

cagenut wrote: post #19
garaetjjte wrote: post #7

Earlier quoted context omitted.

What will happen 17th?

according to various models the infection rate should shift from exponential growth to an s-curve function where growth rapidly falls off, the first stage of containment, somewhere around the 15th. the 17th is the monday after that, so many schools and business and cities are planning for everyone to just stay home until the 17th (at least).

Which models?
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