Thursday, February 27, 2020

And In London: "First, however, it’s time once again time to crack each others' heads open and feast on the goo inside."

My first instinct was to reach for the evergreen post "Warped sense of humour could be ‘sign of impending dementia’" when the thought came to me: "OMG, What if Mr. Elder isn't making a joke."

From the FT's Markets not Live:
....A little later we’ll take on results from WPP, Aston Martin and so on. First, however, it’s time once again time to crack each others' heads open and feast on the goo inside. Wednesday’s decoupling of market moves to global coronavirus death toll metrics has proven to be a false dawn, meaning easyJet, IAG and Tui are all making fresh year-to-date lows and Goldman Sachs is hunting for market correlations in Google Trends data:
https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fac42e5ed-5767-40ae-9fb0-79c695de8212.png?source=Alphaville
(If you want to hear from an actual microbiologist rather than analysts BTW, the Dundee Courier has an excellent, straightforward Q&A with Professor Hugh Pennington of Aberdeen University. )
Goldman’s redone forecasts to “incorporate the likelihood that the virus becomes widespread”. This puts earnings growth back to nil though US stockbroker still thinks you should buy stocks, particularly US ones:....
....MUCH MORE

Commenter Yourgrannyonbongos contributes:
For a man of science, Professor Hugh Pennington seems to be fond of the rather unscientific phrase 'knock it on the head' to describe the control of infectious diseases.