CoronaVirus – Healthcare and the Market
The following were my comments from a discussion about recent dive in the markets and the cv outbreak:
Healthcare is still broken and this would be a very very good time for our political leaders to show they really can work together when there is a crisis…. Or they can get 1 out of 2 hopefully…
Anyone reporting flu like symptoms after visiting China and we see health care agencies still aren’t taking control of that diagnosis and treatment, means the CDC needs to make some overriding announcements w.r.t. this issue.
And if the CDC doesn’t take the lead in this,, then Governors, Senators and Representatives need to take the Lead instead, at the National and State levels as well. The need to lead is a hidden cost of allowing practicalities to dominate direction in health care as I see it, at best.
The Market… The last run up from a near double bottom that was actually upwards moving on both the bottoms and the tops, which would tend to limit overreaction I think.
And the upturn since then would start to look like only a single upturn as a short term correction develops. Maybe that would give the chartists a chance, unless public sentiment gets to be too strongly negative. But the talk would have to be extreme to overcome a chart that doesn’t look that bad at this point, as I see it
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